Elgin County Professional Service Inc.

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Saint Thomas, ON
Elgin County Professional Service Inc.

5 locations across Canada to serve you.

Full-service Bookkeeping and Accounting firm.
-full monthly cycle Bookkeeping
-remote accounting solutions (AP/AR/Payroll)
-personal and business taxes
-Incorporated & Sole Proprietors welcome

06/18/2026

Monthly bookkeeping vs. yearly drop-offs: which one is actually costing you money? 💰

If you’re still handing your accountant a shoebox of receipts once a year, this one’s for you.

Here’s the truth: quarterly or annual bookkeeping is common among small or early-stage businesses, but it comes with significant risk — when records are updated infrequently, small issues can compound quickly . It also limits your ability to track performance trends or adjust spending in a timely way.

With monthly bookkeeping, your books are updated every month, not once a year — every sale, payment, and expense is recorded on time, giving you an accurate picture of your finances throughout the year instead of relying on memory or digging through old receipts.

The cash flow piece matters most: monthly bookkeeping lets you see exactly where money is coming from and where it’s going, so if cash starts running low, you can act before it becomes a problem .

And the “yearly is cheaper” myth? Yearly bookkeeping seems cheaper because it involves fewer updates, but the cleanup, penalty risks, and lost deductions often make it more expensive long-term. Monthly bookkeeping usually costs more during the year, but it often reduces missed deductions, year-end cleanup costs, and tax return preparation friction.

Bottom line: clean monthly books = fewer surprises, lower CPA fees at tax time, and decisions based on real numbers instead of guesswork.

📌 Save this for the next time you’re tempted to “deal with it in April.” & comment BOOKKEEPING and I’ll send you a dm! 💌

06/12/2026

Big news for small business owners in the US - we’re officially certified to take on American clients! 🇺🇸

After collaborating with an incredible bookkeeper in Texas, we now offer cross-border bookkeeping services to small businesses in both Canada and the United States.

Here’s what that means:

If you’re a small business owner in the US, we can finally work with you. Same clean books, same zero judgment communication our Canadian clients already know us for. We know your tax forms, your payroll basics, and exactly what your accountant needs at year end.

If you’re already a Canadian client, nothing changes, same team, same response times, same everything. We just have a little more room for friends south of the border now.

If you’re a US business owner who has been quietly looking for a bookkeeper who actually answers their phone and explains things like a real person, hi. We’d love to hear from you. Comment USA and we will send you a message! 💌

06/10/2026

A woman owned, 100% Canadian bookkeeping company built for small business owners who want their numbers handled by someone who actually gets it.

That’s us and here’s what makes us different.

We’re a small Canadian team that knows HST, CRA, and Canadian payroll inside out.

We’re woman-owned and proud of it, in an industry that’s still mostly men, we built this for owners who want clear communication and zero judgment.

We treat your books like they matter, because they do. Behind a year? Fixable. Shoebox of receipts? We’ve seen worse. New to all of this? We’ll walk you through it like a friend would.

If you’ve been holding off on hiring a bookkeeper because you wanted one who actually feels like a partner, this is your sign.

comment BOOKKEEPING & we’ll be in touch!

06/08/2026

Three quiet signs your DIY bookkeeping is costing you more than a small business bookkeeper ever would, especially if you’re self-employed or running a small business in Ontario.

Most owners don’t catch these until tax season, so save this one:

1. You’re spending more than 4 hours a month on your books. That might not sound like much, but multiply it by twelve, and you’ve handed your business a full work week. Time you could’ve spent on clients, sales, or honestly just sleeping. Your time has a dollar value, and at some point, doing it yourself costs more than paying someone to do it right.

2. You’re guessing at HST. Be honest. If you’re rounding numbers, “kind of” tracking what you’ve collected, or hoping the CRA never asks, that’s a problem waiting to happen. HST mistakes don’t just trigger letters from the CRA, they trigger interest, penalties, and stress that lingers for months.

3. Your accountant keeps charging you “cleanup fees” at year end. This is the biggest one. If your accountant has to fix your books before they can even start your taxes, you’re paying accountant rates (much higher) for what a bookkeeper does for less. A bookkeeper all year = a smaller accountant bill at year end.

If even one of these felt a little too personal, your business has officially graduated from DIY.

Comment BOOKKEEPING, the first call is always free, no pressure, no shame.

06/04/2026

Thank you to for having me for breakfast 2 days in a row while I visited the beautiful city of Kingston, Ontario. I always make a pint to eat here when I’m in the area. Delicious and made with love.

06/02/2026

Running a business is hard enough. Your bookkeeping doesn't have to be.

If you're neurodivergent, have ADHD, or simply find paperwork overwhelming, we've designed our process to be as easy as possible. Just send us your receipts and bank statements each month, and we'll handle the rest.

Ready to make bookkeeping one less thing to worry about? Reach out for a free quote today. 💌

05/29/2026

Airbnb bookkeeping Canada is one of the biggest things hosts leave until the last minute… and it’s exactly why tax season becomes so stressful. 🇨🇦📋

If you own an Airbnb or short term rental in Canada, having a simple monthly bookkeeping routine can help you avoid missed write offs, CRA issues, messy records, and surprise tax bills later on.

Most Airbnb hosts are not bad at business.
They’re just not staying organized consistently.

This 30 minute monthly Airbnb bookkeeping routine helps you:
☁️ track Airbnb income properly
☁️ stay ready for tax season
☁️ monitor Airbnb profits
☁️ organize receipts and expenses
☁️ know when HST registration may apply
☁️ avoid common Canadian Airbnb tax mistakes

Whether you run an Airbnb in Toronto, Muskoka, Ottawa, Vancouver, Calgary, or anywhere else in Canada, this is something every host should be doing monthly.

Save this post now so future you doesn’t panic during tax season. 📌

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05/28/2026

Ontario Airbnb taxes are catching many hosts off guard lately, especially when selling a short term rental property. 👀

Many Airbnb owners don’t realize they may owe 13% HST on the sale of their Airbnb depending on how the property was used.

If your property operated like a short term rental or vacation rental, CRA may not treat the sale the same way as a normal residential home sale. This is one of the biggest Airbnb tax mistakes Canadian hosts make.

Whether you own an Airbnb in Toronto, Muskoka, Niagara, Ottawa, or anywhere else in Ontario, it’s worth checking before you list your property for sale.

📌Save this post for future reference or share it with an Airbnb host who needs to see this.

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05/27/2026

Ontario Airbnb hosts: if your short term rental income passed $30,000, there’s a very good chance you need to register for HST… and a lot of hosts don’t realize it until they’re already behind. 👀

In Canada, Airbnb income is considered taxable business income, and once you cross the $30K threshold in a 12 month period, the CRA generally requires you to register and start charging/remitting HST. That includes many Airbnb hosts, vacation rentals, and short term rental properties across Ontario.

Here’s where people get caught off guard:
☁️ thinking Airbnb handles everything automatically
☁️ not tracking rental income properly
☁️ forgetting HST applies differently to short term vs long term rentals
☁️ missing write offs and input tax credits
☁️ waiting until tax season to figure it out

The worst part? A lot of hosts only learn this after receiving CRA letters, penalties, or unexpected tax balances.

If you run an Airbnb in Ontario, this is your sign to check your numbers before it becomes a stressful (and expensive) surprise later. Save this or send it to an Airbnb host who needs to see it.

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05/22/2026

Your Airbnb made $80,000 last year. Do you actually know what you owe CRA? 👀

Airbnb deposits money into your account and that feels like the job is done. It's not, that's actually just step one.

Here's what most Ontario hosts are quietly getting wrong:

🏡The HST rule that catches everyone off guard
Once your Airbnb earns over $30,000 in any 12 month period you legally have to register for HST and charge it to guests. Most hosts hit this number without realizing it. CRA notices before you do.

🏡The write offs you're probably leaving behind
Cleaning fees, guest supplies, repairs, a portion of your mortgage interest, property taxes, and utilities, Airbnb's service fees, your internet bill. Most hosts track maybe two or three of these, the rest is money you're giving away for no reason.

The number you're reporting is probably wrong:
Airbnb pays you after taking their cut. CRA wants the full booking amount before that cut -then you deduct Airbnb's fees as an expense. If you're reporting the deposit that hits your bank you're already filing incorrectly.

Clean books fix all of this. Drop a 🏠 below if you want to know where to start.

Address

PO Box 72017
Saint Thomas, ON
N5Z0A7

Telephone

+15194040776

Website

https://www.ElginCountyProfessionalService.ca/

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