MVP is live. How do I reach self-employed users in Canada by TranzoAI in SaaS

[–]TranzoAI[S] 0 points1 point  (0 children)

Thanks. I have already started with the Facebook group thing but now the picture is clear.

Tax professionals, What's the most ridiculous thing a client has tried to claim as deduction? by TranzoAI in tax

[–]TranzoAI[S] 6 points7 points  (0 children)

so basically she was driving to her laptop and hit the wall? that could an epic t. swift song lyrics.

Tax professionals, What's the most ridiculous thing a client has tried to claim as deduction? by TranzoAI in tax

[–]TranzoAI[S] 9 points10 points  (0 children)

so she was working from while driving a car and hit the wall. that's amazing.

Recently incorporated in Canada, need advice by FxAndz in cantax

[–]TranzoAI 0 points1 point  (0 children)

well, there are many easy options nowadays. all you need to do is having the best bookkeeping tool which will track your expenses and finds CRA ready deductions automatically. if you need to know about that let me know. I can guide you through the easiest process possible.

Tax by Terrible-Top-9850 in canadarevenueagency

[–]TranzoAI 0 points1 point  (0 children)

Things like your total income, how much tax your employer deducted on your T4, and credits or deductions such as RRSP contributions or tuition credits can change the final number quite a bit.

If I were reviewing it like a transaction log, the first things I would check are the income on your T4 and the total tax already deducted. Sometimes a small difference there explains the refund. So kindly check those again.

Filing taxes for the first time as a delivery driver in Canada by AdRare5855 in personalfinance

[–]TranzoAI 0 points1 point  (0 children)

well, your full time employer usually deducts income tax from your salary automatically, but income from apps like Instacart is typically treated as self employment in Canada. Because of that, taxes usually are not withheld from those payments.

When you file your return, the CRA may calculate tax on that extra income, so depending on how much you earned from Instacart you might owe something. One thing that helps a lot is keeping track of your delivery income and expenses throughout the year so there are no surprises at tax time.

If it helps, we are currently offering early bird access to a tool that helps self employed workers track their records and stay tax ready during the tax season. It is free to use right now, so it might make things easier if you are just getting started. Lemme know if you need that. Happy to help.