REAL ESTATE TAX
BUSINESS CONSULTING
Contact us
Road West, Suite 11,
Mississauga, ON.
L5C 4G3
Cell: 647-244-4235
Fax: 905-766-0673
SELF EMPLOYED
If you are a self employed entrepreneur and you are worried about your self-employed taxes, Mount Sinai PC, Accountants can provide you with a range of self employed tax and accounting solutions. We can take care of your tiresome taxes, as well as the burdensome accounting associated with your business.
The Canada Revenue Agency allows self-employed individuals to claim a host of expenses provided they are used to generate income and are reasonable, explains Ronald Watson, chartered accountant in Fort Erie, Ontario. “Income tax rates for the self-employed individual are the same as personal tax rates for employed workers.” With a small difference, Watson adds. “Someone who owns their own business has deductions that are more than the average wage earner.” The income earned from self-employment can be from a sole proprietorship or a partnership. If your business is incorporated it is not considered a self-employment situation.
Our self-employed tax services include the following:
- Self-employed Tax Return Preparation
- Bookkeeping
- Financial Statements
- Financing (e.g. bank loans)
- Business consulting
- Budgetting & Forecasting