Bob Gauvreau says hire a tax pro when you're self-employed or have business income. Tax rules get more complex every year, and professionals know which credits you actually qualify for.
Let's talk about tax strategies and when you should be working with a tax professional. We all know that the tax situation is getting more and more complicated every single year. Whether you're in the United States or you're in Canada, they continue to create new rules, new tax credits that are going to be available for individuals and for businesses. The challenge is making sure that we continue to keep up on all of these. You have anything that's out of the normal, just payroll expenses or inputting employment income on your tax return, you likely want to work with a tax professional, and here's why. We, as tax professionals are always up to date on all eligibility that you are able to get access to, and we want to make sure that that is our job and we maximize those deductions for you. Really, if you're outside of just being an employee somewhere and that's your tax filing, you should be seeking additional tax help from a tax professional. Not just someone who says they do this, but someone who's actually got the experience and the education to be able to supply you with the best outcome.
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