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tax accounting company Burlington

Tax Write-Offs for OnlyFans Creators

Table of Contents Common Tax-Write Offs for OnlyFans CreatorsRequirements for DocumentationNeed More Help With Your Taxes? You can make a living if you have a talent for creating content in writing, videography, photography, design, or social media. And if you're making money as a content
Capital Gains Tax Canada Vs Business Income

OnlyFans Taxes for Canadians

Curious to know how the Canadian tax system applies to OnlyFans (OF)? Generally, you are responsible for paying your portion of income tax if you have joined OnlyFans as a performer and have begun earning money. Whether making $10 or $100,000 on the site, you

tax planning

How To Properly File Self-Employed Taxes In Ontario?

Self-Employed Taxes In Ontario When you are deemed self-employed as either part of a partnership or as a sole proprietor, you need to record the company’s income/expenses relative to how much you own of the company as a part of your tax return for your

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Understanding Canadian Self-Employment Tax Forms

Key takeaways: Filing taxes as a self-employed individual is different than as an employee Businesses that are sole proprietorships or unincorporated partnerships can be categorized as self-employed Self-employed businesses have specific tax forms to complete and file in Ontario depending on their business activities Work

paying cpp and ei as self employeed

Paying CPP and EI as a Self-Employed Business Owner

Key Takeaways: Canada Pension Plan contributions are required for all employees in Canada and employers must match employee contributions Employment Insurance can be paid by employees but is not mandatory for self-employed business owners Self-employed business owners have to pay both the employer and employee