Bookkeeping & Taxes for
SOLE PROPRIETORS
The finance course for Sole Proprietors in Canada to simplify bookkeeping and confidently file your own taxes with our proven system.
Start your entrepreneurial journey on the right foot with Gabrielle, a CPA, Tax Expert, and host of a 100,000 subscriber Youtube Channel.
![Gab_vanessamayberryphotography_8.jpg](https://static.wixstatic.com/media/a237f9_9f7e0ddca6314f34a0e058a10374b602~mv2.jpg/v1/fill/w_398,h_450,al_c,q_80,usm_0.66_1.00_0.01,enc_avif,quality_auto/Gab_vanessamayberryphotography_8.jpg)
Are you a Canadian sole proprietor trying to navigate the maze of bookkeeping and taxes for the first time?
Our system works for sole proprietors in any industry:
IT and tech support
Web development
Digital marketers
Writers and editors
Consultants and Coaches
Content Creators
Medical professionals
Photographs and Videographers
Translators and education providers
Online teachers and tutors
Virtual assistants
Any service-based business!
TELL ME, IS THIS YOU?
Struggling to keep your bookkeeping organized?
Unsure how to file your tax return correctly?
Confused about your tax obligations to avoid penalties?
Worried about missing out on legitimate tax write-offs?
Unsure when to incorporate to save on taxes?
If you’re nodding along, this course is for you.
IN THIS CRASH COURSE, YOU'LL UNCOVER
Step-by-step bookkeeping tutorial with a fully customizable, downloadable template to simplify your financial tracking.
Actionable insights to evaluate the financial health of your business, enabling better decisions and boosting long-term profitability.
A comprehensive walkthrough on filing your sole proprietor tax return using software, ensuring you claim every eligible tax deduction.
Clear guidance to understand and meet your tax obligations as a first-time business owner, keeping you compliant and avoiding CRA penalties.
Practical tools and strategies to determine the best time to incorporate your business, maximize tax savings, and implement effective tax planning.
WHAT IF YOU COULD...
Master bookkeeping to stay organized and stress-free year-round.
Confidently file your sole proprietor tax return with accuracy and ease.
Understand your tax obligations to stay compliant and avoid costly penalties.
Maximize your tax write-offs to keep more money in your pocket.
Learn when and how to incorporate to optimize tax savings.
What's Inside the Course
Live Videos
Finance doesn't have to be boring. Watch videos, tutorials, live examples - all designed to maximize your learning.
Tools
Take the shortcut with checklists, step-by-step guides, templates, and bargain discounts to handy softwares and tools.
Q&A Sessions
Bring your questions to
"office hours" with Gabrielle and other like-minded entrepreneurs.
COURSE OUTLINE
SECTION 1
Introduction to
Sole Proprietorships
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What it means to be a sole proprietor in Canada.
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Pros and cons of this business structure.
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Key steps for setting up your business.
SECTION 2
Bookkeeping Essentials
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How to separate business and personal finances.
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Creating a simple and effective bookkeeping system.
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Tools and templates to track income and expenses.
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A step-by-step tutorial using real-life examples.
SECTION 3
Understanding GST/HST
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When and how to register for GST/HST.
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Collecting and reporting sales tax correctly.
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Claiming Input Tax Credits (ITCs) to reduce your GST/HST liability.
SECTION 4
Filing Your Sole Proprietor Tax Return
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A complete walkthrough of the T2125 form.
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Reporting business income, expenses, and deductions.
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Tips for claiming home office and vehicle expenses.
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Key deadlines and how to avoid penalties.
SECTION 5
Tax Planning for Sole Proprietors
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Maximizing deductions to lower your tax bill.
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Managing personal and business expenses effectively.
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When and how to incorporate your business for additional tax savings.
![Gab_vanessamayberryphotography_6.jpg](https://static.wixstatic.com/media/a237f9_3d7b333ae3564639ba8ed56fc68276dc~mv2.jpg/v1/crop/x_0,y_894,w_5081,h_5974/fill/w_444,h_522,al_c,q_80,usm_0.66_1.00_0.01,enc_avif,quality_auto/Gab_vanessamayberryphotography_6.jpg)
Prior to starting my own business, I was a Tax Manager at a Big 4 Accounting Firm, working with Global 500 companies.
After working 7+ years, I gathered the courage to quit my 9-5 to start my own Tax Practice so I could make an impact in my own way.
After consulting several businesses in Canada through my Accounting and Tax Firm, I understood the common issues and struggles business owners faced. I decided to create an online program to make it easier for entrepreneurs to get educated on accounting and tax fundamentals.
I'm Gabrielle. I'm a CPA,
Tax Expert, and Founder of Balance and Wealth CPA
REAL IMPACT ON CLIENTS WHO SAVED BIG
In 1 year, Gabrielle helped her clients
SAVE OVER $250,000 IN TAXES
Social Media Influencer
Saved over $20K in taxes by incorporating compared to the previous year
Crypto Investor
Saved over $45K in taxes from just from a 30 minute Tax Consulting Session
IT Consultant
Tax Consulting for multiple jurisdictions resulted in saving over $63K in taxes in one year.
What Our Clients Say
Madeleine Hamada
Founder of Movement Arts Therapy
"No one can tell you what you don’t know, and it’s always a confidence booster to learn those lessons through Gabrielle’s course.
My business plans have changed for the better since taking the course and through meetings with Gabrielle around creating better awareness and clarity in my books.
The course was succinct in information, easy to follow, and quick to come back to topics that were of greater importance through its navigation system based on what was important to me and my business at the time.
The templates are key and Gabrielle gives several options on how to progress from the basics as your business evolves, I’m pretty excited to feel just that bit more educated in my finances and I look forward to this continuous process of building and witnessing my business grow."
TAKE CONTROL OF YOUR
BUSINESS' FINANCIAL FUTURE
Bookkeeping & Taxes for SOLE PROPRIETORS
297$
Is This Course Right for You?
An Online and/or Service Based Business in Canada (perfect for consultants, content creators, and coaches!)
Serious about results and want to learn the fundamentals of business finance so you can apply them to your business and reap the rewards for years to come
Looking for guidance through an online virtual program
This IS for you if you are...
This is NOT for you if you are...
A product based business
NOT based in Canada
Unwilling to follow the curriculum and don't work well within a self-paced environment
Proficient in accounting and tax (you won't need this course since you already have the knowledge we provide!)
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What provinces/territories is this course available for?The program is open to all provinces and territories in Canada, and all the skills/concepts are transferrable. However, please note that for Quebec, the tax considerations unique to the province aren't specifically covered in this course.
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Is this program a tax write-off for businesses?Absolutely :)
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What is the difference between a bookkeeper, accountant, CPA, and CFO?A bookkeeper only has training to keep your books in order. An accountant has various skills to manage a business' finances through some form of training, but might not necessarily be designated. Note that not all accountants are qualified as CPAs. A CPA stands for a Chartered Professional Accountant and is part of the national accounting organization, which is recognized globally. A CPA has completed a rigorous curriculum, a 3 day national exam, and at least 30 months of work experience at a recognized accounting firm in order to obtain their designation. Note that due to the various specializations that fall under the realm of a CPA (ie. audit, management accounting, financial reporting, tax, etc.), not all CPAs have knowledge nor specialize in tax. A CFO is a seasoned financial expert with many years of experience under their belt. CFOs usually have a CPA designation and/or a MBA, with 10 to 30 years of experience working with businesses. A CFO has the responsibility of managing the company's financial goals, operations and strategy.
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What does the "suggested time" mean?It's referring to your time commitment per week, which includes the self-learning component as well as time spent putting things in action. The full curriculum is provided upfront, so you are more than welcome to whiz through the program at any time!
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Will I get time with Gabrielle inside the Program?Yes, there will be Q&A sessions you can take part in.
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How much time is provided for me to complete the course?The virtual learning component is self-paced with suggested time provided to complete them. Due to the nature of changing legislation, and in order to maximize your experience, learning, and results - the program is available for a 1 year period.
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Why should I take the program vs. hire an accountant?My recommendation as a CPA is that every business owner should at least understand the fundamentals of your business finances. This way, you are equipped with the skills to manage the financial health of your business at anytime. When you are starting out, the program is designed to give you all the essential skills to set up your business structure, keep your books in order, and plan for your taxes. This alone will help you save costs when full services provided by an accountant for all of these things can cost anywhere from $5 to $7k per year for small businesses. One thing you probably still need to outsource are your tax returns once a year (note that tax preparers may not be actively engaged in helping you minimize your taxes, rather, just simply report the numbers you give them). However, as you grow and scale, I don't believe it's necessary for you to be as involved in the details. In this case, you can afford to outsource an accountant to help you with your overall finances. The important part is that you UNDERSTAND what the accountant brings to you to sign off on as the CEO. In addition, it's an important skillset to know what numbers to look out for, ask appropriate questions when something doesn't seem right, and use the financial data to better plan for the business' future growth.
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What's the refund policy?If you’re not completely satisfied with your purchase, contact info@gabrielletalksmoney.com within the first 14 days of enrollment for a full refund no questions asked.