Feb
How do direct sales business owners normally prepare your income taxes?
do you hire a professional? do it yourself on paper? with a software program? get a friend or family member to do it?
How much do you expect to pay??
I'm not in direct sales, but I'm a small business owner. I prepare both my personal taxes and corporate taxes with a computer program. I try and keep my business structure and transactions simple to ease the workload around tax time
Albeit I'm an accountant by trade, so if I have questions I just go directly to the CRA with questions.
Fees really do vary from accountant to accountant and on how complex your return is. A simple personal return with just a T4 and RSP contributions should run you $30-$50. Once you start adding complexities the price starts to escalate rapidly.
For the corporate return you're looking at a wide swing as well. I was quoted anywhere between $200 and $3,000.
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