Frequently Asked Questions

Get clarity on our accounting and tax support services for creators

How do your plans cater to the specific needs of creators and info-businesses?

Our team helps creators navigate Canadian tax requirements by offering detailed guidance on filing schedules, claimable expenses, and periodic reviews. We adapt our approach to each client’s content channels, ensuring compliance with the Canada Revenue Agency’s reporting guidelines applicable to digital and information-based work.

What types of deductions can I claim as a creator?

You can claim expenses directly related to content production, such as software subscriptions, equipment depreciation, home studio utilities, hosting fees on creator-balance.com, marketing costs, and professional service fees. We help document and categorize each item to align with CRA standards.

How often will I receive reports?

CreatorBalance provides quarterly financial statements and tax readiness assessments, along with an annual wrap-up summary before your filing deadline in 2025. This schedule offers ongoing clarity so you can track cash flow and prepare for obligations without surprises.

Can you help with bookkeeping if I use multiple revenue platforms?

Yes. We consolidate records from major platforms and online storefronts into a unified ledger, reconcile transactions, and reconcile them against your bank statements. Our system supports multiple currencies but reports everything in Canadian dollars for CRA filings.