One of the important decisions you need to make if you're an Entrepreneur is the decision of registering as a Sole Proprietorship (SP) or incorporating.
It is important to note that there are different tax obligations of each type of business. Schedule a consultation with us and let our team help you select the optimal strategy for your unique situation.
FAQ: “What kinds of expenses can I claim as someone who earns an income from online platforms like OF?"
Answer: There are several expenses that could be covered for you if you earn your living this way. Some examples may include: lingerie, camera equipment, toys/accessories, makeup, shoes, hair, nails and more.
St. Albert Financial Consultants can help you accurately claim your online income and file your taxes so that you maximize your deductions and don't run into any CRA trouble down the line.
Are you a business owner? If so, you'll want to read this!
Become a corporate client with St. Albert Financial Consultants BEFORE April 30, and receive your personal tax return filing for FREE! (You read that right.)
Reach out to our expert Accountants today to learn more and get started. We look forward to hearing from you!