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If it's your first year of filing then June 15 is the tax filing deadline for self-employed individuals and small business owners. If it’s your first year filing taxes as self-employed, filling out your T2125 (Statement of Business or Professional Activities) may seem like a daunting task. In reality, completing a T2125 is simpler than you may think with these three simple steps. Please follow the steps:
Step 1 – Identification
Step 2 – Income Section
Step 3 – Expenses
For more information please check: Filing a T2125
If you need any further clarifications, we would be glad to assist you by having you contact us by phone or via Facebook or Twitter.