by Colleen Hoggarth, CPB, FCPB | Jan 14, 2021 | Budgeting, Freedom Accounting Inc., Tax Tips
Well, 2020 was one heck of a year. Who would have thought when we were sipping mimosas on January 1st, 2020, the world as we knew it would tilt and a pandemic would land squarely at our feet? The pandemic caused many of us in the accounting world to learn many new...
by Colleen Hoggarth, CPB, FCPB | Dec 28, 2020 | Finances, Freedom Accounting Inc., Tax Tips
Several times throughout the year, we have new clients appear with multiple years of outstanding personal tax returns to be completed. The stress of not filing returns on time can have a huge impact on our clients’ lives. In one case, a couple remarked that we had...
by Colleen Hoggarth, CPB, FCPB | Nov 4, 2020 | Budgeting, Finances, Tax Tips
Are you a freelancer or have a side hustle? Are you prepared for the upcoming income tax filing for 2020? Being a freelancer or having a side hustle means you are self-employed and need to report this income to the Canada Revenue Agency (CRA) no matter how small the...