Shaelene’s Tax Tip of the Week – August 5th

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? Send us an email at [email protected]!

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

As a self-employed individual, 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’s 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.