What if you were CONFIDENT that
your business deductions were
maximized and you knew for a fact
you are paying the least tax
possible?
Did you know that 40% of Canadians DIY their taxes and miss out on credits and deductions that they didn't know about?
Some Common missed deductions I see:
Home Office Expenses
Vehicle Expenses
Medical Expenses
Travel Expenses
Education expenses
Startup Costs
If you are not deducting these expenses, what are
you doing with your life?
So nice to meet you!
I’m My.
I worked in corporate for over a decade learning about bookkeeping and tax! I also use to work at the bank and have financial experience so I can recommend ways to defer taxes.
Now I use what I've learned to small business owners save money! I'll show you tax strategies that will help you keep more of what you make!
Ways to save money on tax!
Contribute to RRSPs (Registered Retirement Savings Plan) and defer tax and anything you earn in there is also tax free!
Maximizing your business deductions, home office and vehicle is most missed deduction which can result in high tax savings!
Utilize tax credits, this may include credits for education expenses, child and dependent care, energy-efficient home improvements, and more.
Charitable deductions, donate to a registered charitable organization and deduct this off your taxes
Open up a TFSA (Tax Free Savings Account) is a tax free earnings and withdrawals, however be mindful of the contribution limits to avoid penalties.
Keep more of what you Make
Sole Proprietor Taxes are due April 30!
Some More Tax Tips!
File on time before the deadline to avoid penalties and interest
Maximize business deductions (Use my FREE deductions checklist below)
Implement easy tax strategies before year end!
Put away some money every month for taxes in a savings account
Work on your Home office and Vehicle expense year round
The earliest to files taxes is Feb 20!
Are you ready for taxes??
Work with us!
You take care of your clients and we will take care of your Taxes!
Sole Proprietor Taxes
This will be filed along with your personal tax.
● Bookkeeping must be up to date (if not, a bookkeeping catch-up may be needed)
● You will receive my 3 bundle spreadsheet, profit and loss, home office and vehicle spreadsheet to fill out and I will give you guidance on best tax deductions.
● Taxes are usually filed within the week
● You have lifetime access to the spreadsheet bundle and can use them every year to prepare for tax time!
DIY 3 Bundle Spreadsheet
If you want to keep track of your income and expenses on your own:
This will be filed along with your personal tax .
● Profit and Loss Tracker
Track your income, expenses, profit, monthly and annual overview, suggested calculations for tax savings and GST
● Home office Deduction Tracker
Tracks all home expenses that you can deduct for Business
● Vehicle Expense Deduction Tracker
Track all your vehicle expenses and mileage
● Bonus: Medical Expense Tracker
After filling out these spreadsheets you will be ready to file your taxes!
Kinds words from our clients
Taxes don't have to suck!
But it does need to get DONE!
You don’t have to do it alone!
We can help!
Questions
When will my taxes be filed?
For Sole Proprietors, if your bookkeeping is up to date, all you have to do is plug in your numbers, should take a day or two and your taxes will get filed online within the week!
When will I receive my tax refund?
It depends on the method of filing, if filed electronically , refunds are generally processed more quickly! You can check your refund status through CRA's MyCRA portal. sustainable VHS.
Do I need to register for GST ?
If you make more than $30,000 you must register for GST number as its a legal requirement!
Do you have any incentives if I refer a friend?
Yes! After your friend has confirmed payment, you will receive a $25 credit off taxes or a $25 gift card to Amazon!
Is GST filed with my tax return?
We can file it at the same time, but it is filed separately and remitted on separate forms.
How else can we work together?
Please visit our Services page for more info on what we offer!
Get your FREE Deductions Checklist Here!
Keep more of what you make!
We respect your privacy.
