by bbatax | Apr 29, 2026 | Accounting
Most Canadian content creators are paying thousands more in tax every year than they should — not because they are doing anything wrong, but because they are missing legitimate deductions the CRA expressly allows. Whether you earn from OnlyFans, YouTube, TikTok,...
by bbatax | Apr 29, 2026 | Accounting
Earning income on OnlyFans in Canada means more than managing subscribers, tips, and pay-per-view content — you are running a business, and the Canada Revenue Agency (CRA) treats every dollar that flows through your account as taxable self-employment income. With the...
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...