Shaelene’s Tax Tip of the Week – July 21st

Did you know?

Whether you run your own business or only speak to Shaelene about your personal taxes, consider setting yourself up with Quickbooks Online and Dext (formerly Receipt Bank). Quickbooks is simple, easy, online bookkeeping. Dext allows you to take pictures of all your receipts and invoices so you can upload them to the cloud where we can instantly see them in real time.  While it does cost a monthly subscription fee, you can write it off as an accounting fee – these are reasonable accounting fees that you pay so that you can prepare and file your income tax.  It helps your accountants tremendously when all of your data is organized in a simple web interface.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Shaelene’s Tax Tip of the Week – June 2nd

Have you protected your business?

You qualify for a tax deduction if you have General Business Liability Insurance, Business Property Insurance, or Business Interruption Insurance.  You cannot, however, claim life insurance unless you’ve used it as collateral for a business loan.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Shaelene’s Tax Tip of the Week – May 19th

Shaelene’s Tax Tip of the Week – May 19th

Are you or do you know a student?Remember: the T2202A, the credits received from the eligible tuition and education amounts, last indefinitely. They can always be carried forward to the next tax term if you don’t feel the need to use them. The student will find the prepared T2202A on the school website.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!