Shaelene’s Tax Tip of the Week – April 3

Books In Line

Did you know?

Even if your business income is low, be sure to claim all your business-related expenses. Any business loss can be carried back 3 years or forward 20 years. Those earlier or later returns can then be reassessed to include the business loss and you could be eligible for an additional refund.

Have questions?

Give us a call at 905-571-2665 (BOOK)!
We’ve got you covered!

Shaelene’s Tax Tip of the Week – March 27th

Books In Line

Did you know?

As a self-employed person, the due date for your personal income tax return (as well as your spouse’s return) is on or before June 15th. However, if you owe money it is actually due on April 30th! My tax tip? Forget all about the June 15th due date and always treat your bookkeeping and taxes as though everything should be completed and ready to be paid by April 30th.

Have questions?

Give us a call at 905-571-2665 (BOOK)!
We’ve got you covered!

Shaelene’s Tax Tip of the Week – March 20th

Books In Line

Shaelene’s Tax Tip of the Week – March 20th

Did you know?

Claiming auto expenses is beneficial to reducing your taxable business income. Auto expenses include fuel and oil, license and registration, maintenance and repair, insurance, car washes, parking, tolls, interest paid on an auto loan and leasing costs. Be sure not to miss out on these costly expenses by being sure to save every receipt.

Have questions?

Give us a call at 905-571-2665 (BOOK)!
We’ve got you covered!