by bbatax | Apr 1, 2026 | Uncategorized
Table of Contents Shopify Tax Deductions: What Canadian Sellers Need to Know Platform Fees and Subscriptions Cost of Goods Sold (COGS) and Inventory Shipping and Packaging Costs Advertising and Marketing Expenses Home Office Deduction for E-Commerce Sellers Software,...
by bbatax | Apr 1, 2026 | Uncategorized
Table of Contents GST/HST for Shopify Stores in Canada: Why It Matters When You Must Register for GST/HST Should You Register Before Hitting $30,000? Province-by-Province Sales Tax Rates for E-Commerce Configuring Sales Tax in Your Shopify Store Sales Tax for...
by bbatax | Apr 1, 2026 | Uncategorized
Table of Contents Why Bookkeeping Mistakes Hit E-Commerce Sellers Harder Mixing Personal and Business Finances Not Reconciling Platform Payouts Against Bank Deposits Ignoring Hidden Platform Fees and Payment Processor Deductions Misclassifying Cost of Goods Sold vs...
by bbatax | Feb 26, 2026 | Accounting
Table of Contents Introduction Why Separating Expenses Matters CRA Rules on Business vs Personal Expenses Step 1: Open a Dedicated Business Bank Account Step 2: Use a Separate Business Credit Card Step 3: Track Expenses Consistently Step 4: Understand What Qualifies...
by bbatax | Feb 26, 2026 | Accounting
Table of Contents Introduction Why Accountant Fees Vary in Canada Average Cost of Personal Tax Filing (T1 Returns) Cost of Self-Employed and Contractor Tax Returns Corporate Accounting and T2 Filing Costs Bookkeeping and Monthly Accounting Fees Payroll and GST/HST...