Taxes
Have you wondered how OnlyFans taxes for Canadians work? If you’ve joined OnlyFans as a performer and have started to earn an income, you’ll need to pay your fair share of taxes. To be clear, it doesn’t matter if you’ve earned $10 or $100,000 on the site, any income earned is considered self-employment income and…
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Did you know that collecting CPP and OAS while living abroad is possible? With retirement comes a lot of freedom and for many Canadians, that means the opportunity to travel more. For some Canadians, it may even mean moving abroad. Fortunately, you can collect many Canadian pensions and benefits while living abroad. However, where you…
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If you’re a freelancer, self-employed, or a small business owner, you’ll likely one day wonder how to get an HST number? While some people freak out about the idea of having to collect and pay HST, it’s a good thing. Paying more taxes means you’re making more money. That said, I get why some people…
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Ever since I started my side hustle, freelance taxes has been a major concern for me. I say major because I absolutely hate taxes. Despite the fact that I have a decent understanding of taxes, I just seem to have an irrational fear about them when tax season rolls around. Freelance taxes for Canadians applies to…
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**Note, I am not an accountant, nor am I an expert on cryptocurrencies. You should seek the advice of an accountant with experience in cryptocurrencies if you have any serious questions or concerns. Are you wondering how is cryptocurrency taxed in Canada? With the explosion of Bitcoin, Ethereum, and whatever other cryptocurrencies that currently exist…
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Filing your taxes in Canada is a straightforward process that needs to be done every year. If your taxes are simple, it shouldn’t take too long to do. However, sometimes people forget (or intentionally avoid) doing their taxes. This might be a one-time occurrence, but some people let it drag on for years. There’s no…
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**This is a sponsored post written by me on behalf of TurboTax Canada. All opinions are my own. It’s that time of year again: tax season. Which, for most of us, adds a lot of stress as we try to compile our documents and get everything organized. This year more than ever tax season has…
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**This is a sponsored post written by me on behalf of TurboTax. All opinions are my own. For many self-employed individuals, working with an accountant is something that would be nice to do, but it can be expensive. It’s not that anyone doubts the value of using a professional, but when you’re freelancing or trying…
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I started freelancing in 2014. It happened by accident as a company reached out to me to write an article for them. I instantly said yes because I wanted the extra income, but I had no real goals in mind. I figured if I could make a few hundred dollars a year, that would be…
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Tonight a new Mayor of Toronto will be named. The campaign has been long and I can’t wait for it to end and for the city to move forward from its troubled reputation. Many voters have complained about increasing property taxes with one candidate promising to cut them if elected. Of course, these same people…
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