In Part 1 and Part 2, we covered a good part of the essential information the small business owner or self-employed needs to know: legal status, business registration, incorporation, bank accounts, sales taxes, income tax and payroll taxes.
For Part 3, we designated a complete course on expenses. It is an important subject that has to be well understood.
Everyone has strong opinions on this subject.
Friends, family, neighbours, acquaintances, they all know someone that is self-employed. Many people will tell you they’ve been claiming certain expenses for years. It is the same as saying, “I always do 140 km on the 401. Are you allowed? Well, you can do it until you get stopped for speeding. Then you get a speeding ticket.
Same thing for business expenses. Are you allowed to claim it? If you were not allowed, you’ll have to give all that money back.
Claudine Poitras (VP of C&S Poitras) has been doing income tax for the self-employed for over 30 years. A new client once told her she had to give back over $20,000. This client thought she was entitled to home office expenses, but she was not. Claudine has met many clients over the years that had to give money back.
Get the facts, learn the rules.
Once you have completed Your Business Set-Up Blueprint Part 3, you will:
If you are not sure you know about all the expenses you may be entitled to, this course is very important for you!
Take this course today!
Sylvie has over 30 years of experience in management and training in the service industry. She directed teams of 10 to 30 employees with up to 1000 field staff. She has authored many procedure manuals and created training packages on several subjects for the public service and the private sector.
Sylvie had the opportunity to work in a variety of fields. The breadth of knowledge she has acquired over the years enables her to zone in on clients’ needs and help them find the tools they need for their field of work.