by Sam Faris | Dec 10, 2024 | General Help
As Canadian tax professionals specializing in digital content creation, Faris CPA regularly works with OnlyFans creators who are building successful businesses but struggling with expense tracking. Understanding which expenses are deductible and maintaining proper...
by Sam Faris | Oct 25, 2024 | General Help
As a small business tax accounting firm, at Faris CPA we often encounter clients who are unsure about the various types of business entities available to them. Choosing the right business structure is a critical decision that can have significant implications for your...
by Sam Faris | Oct 10, 2024 | General Help
As a licensed CPA specializing in OnlyFans taxation issues, I’ve seen a significant increase in clients who earn income by creating content in the platform economy. While this flourishing industry provides exciting opportunities, it also comes with unique tax...
by Sam Faris | Sep 24, 2024 | General Help
Inheriting assets from a loved one can be both a blessing and a burden. While it’s comforting to know that your relative thought enough of you to leave something behind, the complexities of dealing with the estate and the tax implications while in mourning can...
by Sam Faris | Aug 26, 2024 | General Help
Congratulations on your decision to purchase your first home! As you embark on this exciting journey, it’s important to be aware of the various tax implications and benefits available to first-time homebuyers in Canada. This comprehensive guide will walk you...
by Sam Faris | Jul 25, 2024 | General Help
A tax lien is a legal claim made by the government against a taxpayer’s assets when they fail to pay their tax obligations. In Canada, this provides the Canada Revenue Agency (CRA) with an avenue for them to secure their interest in a taxpayer’s property,...
