Want to Save Tax? Avoid These Costly Mistakes When Starting Your Business

Want to Save Tax? Avoid These Costly Mistakes When Starting Your Business

In my almost twenty years in the public accounting industry, there were a few questions I got asked almost every day: How can I avoid paying tax? How can I pay less tax? Why do I owe so much? Tax avoidance is illegal, and thank goodness, because there are a lot of essential government services taxpayer dollars pay for. The good news is, there are ways you can reduce your tax bill. For now, I’m going to focus on small business owners and the top three mistakes they can avoid to save tax.

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Your Author Business: Tax Tips for Canadian Writers and Authors

Your Author Business: Tax Tips for Canadian Writers and Authors

There are a few basic things every author or freelance writer should consider. I know, I know, it’s not tax season and nobody wants to think about taxes right now, but the accountant in me is here to tell you it’s incredibly important to pay attention to your business at all times of the year. This goes for any business, not just writers and authors.

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