Another Killer Series of Tips For Home Based Business Owners…

Ottawa Home Based Business BookkeeperThe good folks at Freshbooks have done it again. Late last year, they published this great piece on their blog that offered free tips for owners of home based businesses. You can read the piece here. The post is broad for both Canadian and U.S. home based businesses, but we thought we’d shed a bit of light on some tips for Canadian entrepreneurs.

Running a home based business in Canada is just like running any other business when it comes to income taxes. Assuming you have an income to write it off against and you follow the rules, you can deduct a host of business expenses, lowering the amount of income tax you have to pay – however –┬áthere are additional income tax deductions that you can claim. Curious about what they are? Check out this link at Small Business Canada’s About page.

 

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