Being self-employed comes with many bonuses – you may get to choose your own hours or work from, there’s the potential for unlimited income plus you are probably doing something you love and it doesn’t really feel like a job. The down side is you have to get used to keeping accurate records of everything from cell phone and internet expenses, business mileage and related car expenses and things like office supplies, rent and utilities.
It doesn’t have to be difficult. Chartered Professional Accountant in Mississauga James Walker has helped many self-employed, entrepreneurs, shop owners, real estate agents, and many others save on their taxes every year. He will show you how to put the proper systems in place to categorize your expenses properly so when tax time rolls around you are prepared and will get the most out of your deductions.