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URL:https://www.learndesk.us/class/6613772330336256/lesson/af531729d499f03440253c480f64396b?ref=outlook-calendar
SUMMARY:10.11 Finances - Taxes
DTSTART;TZID=America/Los_Angeles:20260407T190000
DTEND;TZID=America/Los_Angeles:20260407T200000
LOCATION:https://www.learndesk.us/class/6613772330336256/lesson/af531729d499f03440253c480f64396b?ref=outlook-calendar
DESCRIPTION: Just because you have started a business (registered or not registered) doesn't mean you have to pay your taxes. This does not mean you should not file them but this means that you may not be charged. You would have to call the CRA to find out who can help you with this. The easiest way will be for you to reach out to an accountant and ask for advice.
The perks of filing your taxes are that you can also file little expenses that will help you to get better returns. The government will support your business if this does not turn out well. Worse comes to worst they will not charge you anything. The take-home message will be no matter what, just be transparent about your income if you have to be.
The launch of a new business comes with many startup tax questions. Let’s review some of the tax considerations when starting a business, including the big changes that come with becoming your own boss. There are also special income tax deductions for home-based businesses such as The...

https://www.learndesk.us/class/6613772330336256/lesson/af531729d499f03440253c480f64396b?ref=outlook-calendar
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