Phoenix Accounting Blogs

As 2024 unfolds, it's an opportune time for individuals to reassess and fortify their financial strategies. Whether you're navigating your career, running your own business, or laying the groundwork for financial stability, mastering personal financial management is a...

As we close the chapter on 2023, it's a pivotal moment for strategic financial planning, much like a student gearing up for final exams. In this spirit, individuals, businesses, and self-employed professionals have a unique opportunity to leverage year-end tax...

Navigating the financial landscape as a student in Canada can often feel like a complex puzzle, especially when it comes to taxes. But here's some good news: Canadian students have access to a variety of tax credits and deductions that can significantly reduce their...

For self-employed professionals in Canada, effectively managing GST/HST is a key component of financial success. Phoenix Accounting Services is committed to demystifying this process, ensuring you handle these responsibilities with confidence and precision....

Yes, the tax season is similar to winter—it tends to sneak up on us, leaving many feeling unprepared. However, there is no need for alarm. We have assembled a series of tips and strategies designed to empower you, the self-employed trailblazer, to master this tax...

Facing the complexities of managing expenses as a self-employed individual? Worry not—you're in capable hands. Properly handling your expenses can actually result in significant tax advantages. Yes, that's right—you might be able to put some of that hard-earned money...

Embarking on the journey of understanding employment statuses? Wondering whether you fall into the category of an employee or are self-employed? Fret not; you are not alone in this conundrum. In this article, we will delve deeply into the intricacies of these...