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 – September 27th

Books In Line

Did you know?

Be aware of “superficial” loss, which happens when you dispose of capital property at a loss but then purchase it back less than 30 days later. This includes any property that creates any capital gain or loss such as an investment. The end result is not being able to claim the loss as a capital loss on your income tax.

Have questions?

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