J.A.I.K.S Blog

J.A.I.K.S. BLOG

Welcome to J.A.I.K.S. Blog, a place where we will provide you with a variety of resources on accounting, taxation and other related subjects suited for both individuals and/or their businesses.

We hope you can find the answers to your questions and/or curiosities, and always know we are here to help if you need more.

Follow us on Facebook or find us on LinkedIn - we are always eager to give you more!

Deducting Vehicle Expenses when Self-Employed

If you are self-employed, you may claim automotive expenses while conducting business. If you use your car for personal and business travel, only expenses for business can be deducted. If you use it exclusively for business, you can expense all costs.

Continue reading
  415 Hits

Investment fees on your tax return can be deducted

deductions

When preparing your taxes, a deduction that is often overlooked is carrying charges and interest expenses. These charges are costs you incur to earn income from an investment, but only expenses for non-registered accounts will qualify.

Continue reading
  402 Hits

Rebates for Fuel-Efficient Vehicles

green

When considering a fuel-efficient vehicle such as a hybrid, or an alternative fuel model you should know that the Canadian Government, as well as some provinces, provide rebates. 

Continue reading
  248 Hits

Record-Keeping Best Practices for Small Business

bookkeeping

Effective record-keeping is crucial for the success of any small business. Proper records not only help you track your financial performance but also ensure compliance with tax regulations and provide valuable insights for making informed business decisions. Here are some best practices for record-keeping in a small business:

Continue reading
  191 Hits

Contact Us

Our Office

J.A.I.K.S. Consulting
Based in New Westminster, BC
Proudly Serving BC and ON

Phone: (778) 792 3282