Self-employed? Learn how to save money on taxes, maximize write-offs, and avoid CRA mistakes in this episode of In Her Wallet!
In this episode, host Sofiia sits down with Chartered Professional Accountant Cindy Kumar to break down self-employment taxes and how freelancers, consultants, and small business owners can navigate tax season with confidence.
Topics covered:
- Key differences between taxes for employees vs. self-employed individuals
- Smart tax deductions & common write-off myths
- Audit triggers & how to avoid red flags with the CRA
- Should you incorporate? The pros & cons for tax savings
- How accountants add value beyond tax software like TurboTax
- Maximizing retirement plans (RRSP) for self-employed individuals
Whether you’re a freelancer, consultant, or small business owner, this comprehensive guide will help you avoid tax pitfalls, save money, and stay compliant.
Listen now on Spotify, Apple Podcasts & YouTube!
Have a tax question? Drop it in the comments!
Cindy's resources:
- 100 Tax Write-Offs Cheat Sheet
- Book a Free 20-Min Financial Clarity Session with Cindy
- Register for 4-Week Tax Course for Self-Employed
In Her Wallet's resources:
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