Maximizing Your Money

Started a side hustle in 2020? Newly self-employed? Here’s what you can claim to reduce your taxes

One of the keys to prosperity and wealth accumulation is earning income from self-employment. For some, this is a full time endeavor. For others, self-employment is in the form of the “gig economy” or a side endeavour. Benefits include: control over the amount of work you take on as well as some tax lenience. Some Canadians were forced into self-employment during the pandemic and may be facing their first tax season uncertain of how to report their income and optimize their costs of doing business.

Click here to read the full article from The Toronto Star

Join me on March 23rd for a webinar discussing this topic as well as others pertaining to the 2020 tax reporting deadline and read on for an introduction to the topic.
Click here to register now.

Let’s see how UPotential’s planning services can help you reach your potential.