Hiring an accountant only works if you get one that understands the nature of our business and what things that we can claim that some other home businesses can't such as water.

Also when you consider there are 168 hours in the week (24x7) and children are in care for 10 hours a day for 5 days that is 50 hours you should be able to claim closer to 30% of household expenses rather than 10 so that will bring your amount owing way down. I know many that earned $40,000 in income but with their expenses did not pay any taxes other than their Canada Pension so for sure don't be upset that you have not saved yet. Often we try to put away the fees from one child into a towards taxes fund which pays the taxes and gives you a bonus of money in April. There are several threads on here about taxes that includes links to the Revenue Canada site where they have a booklet you can download on using your home for daycare. Doing your own taxes is really quite easy if you have saved your receipts all you have to do is add them up and put the numbers on the right line of the form.