How to prepare your own taxes for your small business

Taxes!!! Are you procrastinating like I am?

I am getting ready do my own taxes this year because I feel that the accountants I have used haven’t really been so amazing at saving me money and I hated having to meet them at their convenience i.e. he sometime shows up late to his own office.

So, it’s mid-April already and I haven’t done my taxes yet. I usually have everything ready end of March, but for some reason, I have found soooo many other things or excuses to do that felt way more important, or fun, like…

  • write this blog post
  • prep dinner
  • schedule in when to have a girls night
  • review Amazon
  • see what’s for sale on Kijiji

COME ON Tina!!! I know, but I just can’t seem to get into it. However, it’s crunch time. I finally sat down on Friday April 14th and read and listened to videos for a few hours on trying to figure out which software to use. I finally decided on Studio Tax. It’s not bad and they have videos to help you, which is very good, but if you’re partly self-employed, they don’t really have anything on that. So, I called a friend who use to work for them and she told me to use the Commission form as it has the income and expenses on it.

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