In this video Arielle from Fix My Books will be showing you how to calculate your Sales Price for your products in your E-commerce store like Etsy, Shopify and Amazon!

Check out my socials for other how to’s, and tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!

The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province, while helping the tourism and hospitality sectors recover from the financial impacts of the COVID-19covid 19 pandemic.

Ontario residents can claim 20% of their eligible 2022 accommodation expenses, for example, for a stay at a hotel, cottage or campground, when filing their personal Income Tax and Benefit Return for 2022. You can claim eligible expenses of up to $1,000 as an individual or $2,000 if you have a spouse, common-law partner or eligible children, to get back up to $200 as an individual or $400 as a family.

The credit will provide an estimated $270 million in support to about 1.85 million Ontario families.

In this video Arielle from Fix My Books will be giving you an overview of how to claim home office expenses as an employee using a T2200s and T777s.

This will cover topics such as Eligibility, what forms to file with the CRA, what forms your employer needs to fill out as well as what you can and cannot claim on your T1 Tax Return.

It can be a stressful time for most small business owners and it’s easy to let business deductions slip through the cracks, so here’s a cheat sheet for small business deductions.

It can be a stressful time for most small business owners and it’s easy to let business deductions slip through the cracks, so here’s a cheat sheet for small business deductions.

An HSA is a Health Spending Account which serves as an alternative to the traditional employee health benefit plan underwritten by large insurers. A HSA provides health benefits that are 100% deductible to employers and 100% tax-free to employees with no monthly premiums.