Top 3 Tax Surprises for Sole Proprietors

when filing your taxes use an accountant

We meet many small business owners for the first time during tax season.  It isn’t unusual for them to have incomplete knowledge of their income tax responsibilities in regards to their business.   These are the top three things that surprise them the most to learn. 1.  CPP Contributions When you are self-employed, CPP contributions are calculated on your tax return. … Read More