FREE TAX HELP FOR SMALL BUSINESS OWNERS AND SELF EMPLOYED INDIVIDUALS

FREE TAX HELP FOR SMALL BUSINESS OWNERS AND SELF EMPLOYED INDIVIDUALS

FREE TAX HELP FOR SMALL BUSINESS OWNERS AND SELF EMPLOYED INDIVIDUALS

The Canada Revenue Agency (CRA) offers free, personalized support to owners of small businesses and self-employed individuals. The Liaison Officer service is available across Canada to help you understand your tax obligations. A visit from a liaison officer is 100% confidential; the information you choose to discuss with a liaison officer will not be shared with other areas of the CRA, or anyone else.

There are two ways to access the Liaison Officer service:

  1. Request a personalized visit (service is available in person, by phone or online via MS Teams)
  2. Organize an in-person seminar or online webinar for your association or group
  3. The liaison officer will:

  • help you better understand your tax obligations and possible business deductions
  • explain general bookkeeping concepts and best practices
  • explain how to avoid common tax errors
  • give you an overview of helpful online tools and electronic services offered by the CRA
  • answer your tax-related questions and address concerns
  • show you how to use the Financial Performance Data to compare your business revenues and expenses with others in the same industry??

Send a request today https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/compliance/liaison-officer-initiative-loi/liaison-officer-service-request-form.html

Ganesh Krishnan

Conversational AI at ChatVantage Cloud Inc

10 个月

"Thank you for sharing this valuable information! Ensuring compliance with tax obligations and maximizing deductions is crucial for small business owners and self-employed individuals. The CRA's Liaison Officer service seems like a fantastic resource to help navigate these areas effectively. Knowledge is indeed light! #askcra #beinformed"

要查看或添加评论,请登录

Yemisi Legunsen的更多文章

  • TIPS TO REDUCE EXPENSES AMIDST TARIFFS

    TIPS TO REDUCE EXPENSES AMIDST TARIFFS

    It’s possible for almost everyone to find ways to reduce their spending without drastically changing their lifestyle…

    6 条评论
  • SEGREGATED FUNDS

    SEGREGATED FUNDS

    SEGREGATED FUNDS A Segregated funds policy is similar – like mutual funds, there’s a pooling of investments. But unlike…

  • BENEFITS OF LIFE INSURANCE FOR A CHILD(REN)

    BENEFITS OF LIFE INSURANCE FOR A CHILD(REN)

    BENEFITS OF LIFE INSURANCE FOR CHILD(REN) 1. Locking in Favorable Rates Insurance providers view young and healthy as…

  • CHOOSE YOR HARD

    CHOOSE YOR HARD

    CHOOSE YOUR HARD Some will choose coffee over tea Some will choose lemon over lime Some will choose butter instead of…

  • YOU DONT NEED LIFE INSURANCE

    YOU DONT NEED LIFE INSURANCE

    YOU DON'T NEED TO SET UP LIFE INSURANCE ?? ?? ?? Dear fellow Immigrants in Canada, ? You do not need to waste your…

    2 条评论
  • RETIREMENT REALITY

    RETIREMENT REALITY

    You might not plan to retire at 45 or 50 but unforeseen circumstances arise and have caused a few to retire earlier…

    4 条评论
  • WHAT IS ESTATE PLANNING?

    WHAT IS ESTATE PLANNING?

    WHAT IS ESTATE PLANNING? Estate planning is the process of making sure that your assets are managed and distributed the…

    3 条评论
  • SMARTER Financial Goals

    SMARTER Financial Goals

    SMARTER Financial Goals There is always a smarter way of doing things You can set SMART financial goals by building…

    3 条评论
  • SOME EXAMPLES OF FINANCIAL GOALS

    SOME EXAMPLES OF FINANCIAL GOALS

    SOME EXAMPLES OF FINANCIAL GOALS We all have different backgrounds and are at different points in our life so our…

    1 条评论
  • KEEP IT FOR 6 YEARS

    KEEP IT FOR 6 YEARS

    How long should you keep your income tax records/documents? Tax documents, means things like a copy of your T4, tax…

    2 条评论

社区洞察

其他会员也浏览了