What's Included

Beyond a robust course outline, we want to make sure you are comfortable that the course will address your needs. Here's what we offer:

  • 100% money-back guarantee

  • Lifetime access (with tax updates each year)

  • Covers all the biggest questions we get from freelancers

Course curriculum

  • 1

    Welcome to the course!

    • Welcome to the course!

    • How to use this course

    • The Bookkeeping Template

  • 2

    #1 - Overview

    • 1.1 Terminology You'll Need to Know

  • 3

    #2 - Revenue and Income

    • 2.1 Introduction to Revenue

    • 2.2 How to Prepare and Send Invoices

    • 2.3 How to Track Payments and Accounts Receivable

    • 2.4 When to Follow Up on an Invoice

    • 2.5 What Happens if Someone Doesn't Pay You

  • 4

    #3 - Expenses

    • 3.1 What is a Business Expense?

    • 3.2 Deductible vs. Non-Deductible Expenses

    • 3.3 Meals and Entertainment Expenses

    • 3.4 Home Office Expenses

    • 3.5 Vehicle Expenses

    • 3.6 Capital Expenses

    • 3.7 Keeping Receipts - Best Practices

    • 3.8 Expenses Summary

  • 5

    #4 - Sales Tax (GST/HST/PST)

    • 4.1 What is Sales Tax?

    • 4.2 GST/HST - Should You Register?

    • 4.3 GST/HST - How Does It Work?

    • 4.4 PST/RST - When You Need to Register

    • 4.5 Sales Tax - When and How to File

  • 6

    #5 - How to Do Your Bookkeeping

    • 5.1 Bookkeeping Basics

    • 5.2 Bookkeeping Template - Getting Started

    • 5.3 Bookkeeping Template Walkthrough

    • 5.4 Recording Revenue

    • 5.5 Recording Expenses

    • 5.6.1 Home Office Expenses

    • 5.6.2 Vehicle Expenses

    • 5.7 Income Statement & Summary

    • 5.8 Software Options

  • 7

    #6 Filing Your Taxes

    • 6.1 Taxes Overview (What and When to File)

    • 6.2.1 Personal Tax (T1) - Sign Up for Wealthsimple Tax

    • 6.2.2 Personal Tax - Enter you information

    • 6.2.3 Personal Tax - Business Income (T2125)

    • 6.2.4 Personal Tax - Other Income Slips

    • 6.2.5 Personal Tax - Deductions

    • 6.2.6 - Personal Tax - Finalizing Your Return

    • 6.3 GST/HST - Filing and Paying

    • 6.4 Personal Tax Things to Watch For

    • 6.5 When to Hire an Accountant

  • 8

    #7 - Frequently Asked Questions

    • 7.1 How do I pay myself?

    • 7.2 How much should I pay myself?

    • 7.3 How much should I set aside for taxes?

    • 7.4 When should I incorporate?

  • 9

    Graduation

    • Congrats! You can do it!

    • Before you go...