Receipts, write-offs and HST, oh my! A no-panic guide to Canadian tax prep for vintage sellers
When it comes to tax season, many Canadian sellers fall into the same trap: waiting until the last minute, then scrambling to make sense of a year’s worth of receipts and mystery transactions.
In this workshop, Tova Epp of Artbooks helped take the sting out of tax time with a practical session tailored to resale business owners.
With over 12 years of experience and a client roster full of artists and freelancers, Tova understands the challenges that come with running a creative small business.
She guided participants through exactly what to track throughout the year, how to stay organized, and what Canadian tax preparers (and the CRA) actually want to see.
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The session dug into the details, from GST/HST registration and remittance to choosing the right bookkeeping software. Tova explained which expenses are deductible, how to separate personal from business costs, and the best ways to avoid that dreaded shoebox-full-of-paper situation come spring.
Tova's approachable, plain-language advice made it easy to understand even the more intimidating aspects of business finances.
One of the biggest takeaways? You don’t need to be a spreadsheet wizard to stay on top of your taxes—you just need a system that works for you. With a little prep throughout the year, sellers can go into tax season with less stress.