Navigating Taxes for Small Businesses and Self-Employed Individuals (Webinar)

Wouldn’t it be great to know that you are doing things right before you file your small business tax returns? 

Join us for a free 1.5-hour webinar where a Canada Revenue Agency Liaison Officer will explain how to avoid common errors that could end up costing you time and money. 

Through the Liason Officer Service, the Canada Revenue Agency (CRA) offers free support and guidance to small businesses and self-employed individuals to help them meet their tax obligations.  As this program is a National program, the information discussed applies to all provinces in Canada. 

During this webinar, a liaison officer will:

• Answer tax-related questions (income tax, GST/HST, and payroll)
• Discuss business tax deductions 
• Explain common tax errors and financial benchmarks for your industry or a comparable one
• Provide an overview of helpful tools and services offered by the CRA
• Explain general bookkeeping concepts and best practices or,  offer advice and help with setting up an effective bookkeeping system for your business.

Please note that the information provided will be kept fairly general, however, participants will have the opportunity to request a one-on-one personalized visit should they want to discuss their specific situation in confidence.  Your private conversation with a liaison officer is 100% confidential; the information you choose to discuss with a liaison officer will not be shared with other areas of the CRA, or anyone else.

IMPORTANT NOTE: We want to assure participants that every effort will be made to safeguard their anonymity, recognizing the sensitive nature of the topic being discussed.

For more information about the Liaison Officer service, go to: //canada.ca/cra-liaison-officer or call our Business Enquiries line at 1-800-959-5525.

Delivery Method:  Virtual Session – MS Teams

There are no prerequisites for this webinar.  

This training workshop is specifically designed for owners of small businesses and self-employed individuals in Canada who are seeking guidance and support in understanding their tax obligations. It is particularly beneficial for those who may have questions or concerns about navigating the complexities of tax compliance.

1. Computer or laptop 

• This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content (slides or videos), and interacting via typing with questions or responses. For this reason, cellphones may not be adequate. 

• Windows 10 or Mac iOS  

4. Internet connection - For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. Minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.  

5. A quiet space with minimal distractions - microphone will be engaged for interactive sessions. Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.    

6. Comfortable chair