More small business tax tips and links to where to find them

As a provider of office space and virtual office services to our clients, we also strive to provide advice and assistance to help them be more successful small businesses. Back in February, we published a blog called “Tax Tips for Canadian Small Businesses and Entrepreneurs“. Since then, we have been asked to provide more links from our clients and followers, even some for USA tax tips. We did the search so that you did not have to. We also wanted to provide the best links, so you did not have to go through search results that do not apply to you.

While most people see the CRA (Canada Revenue Agency) and The IRS (Internal Revenue Service) as the enemy, they are quite shocked to find out that both agencies provide help for small businesses with their taxes.

Taxtips.ca has both a Canadian site and a USTaxTips.net that provide important links for small business tax help.

Accounting software company Intuit offers some tax tips for small business on its website too.

Small Business Canada (part of the About.com network) has various small business articles, but in particular the one called “6 Year End Small Business Tax Tips” caught our eye. They also had another article that shows you strategies you can use throughout the year called “8 Small Business Tax Strategies to Reduce Income Tax in Canada“.

CanDoFinance offers a great deal of links to articles that will help you with your small business tax strategy and get the help that specifically suits your small business needs.

Looking for some tax loopholes? Madan Chartered Accountants has some tax advice that you may not know about (or were afraid to ask about).

RBC and other banks can often be a source of tax help on how to take the stress out of your taxes with articles like “RBC helping small business owners prepare for tax time.”

Are you a moonlighter or freelancer? The Financial post has an article “16 Tax Tips for Moonlighters and Freelancer.”

Even home improvement chain Lowes offers some tax tips to self-employed contractor called “Tax Tips For Small Business Owners“.

If your small business is run out of your home, let online accounting company Freshbooks help you with “10 tax tips for owners of a home based business“.

While the webinar was live last month, you can still watch the free BizLaunch webinar “Tax Tips for Small Businesses,” to see and hear some advice.

Now let’s give you some links for USA small business tax tips.

SmallBusinessTrends.com is a great website for various aspects to helping your small business keep up, but they also had a great article “10 Small Business Tax Deductions You Should’t Ignore” that is a good read.

Breakout Capital may be a funding company, but they have some tax tips that help take the “overwhelming” factor out of small business taxes. They have “Important Small Business Tax Tips” that was recently published.

The Hartford Courant has some interesting tax advice that is not so much specific tax tips, but offers some great insight and advice for dealing with taxes.

TurboTax by Intuit software has some “little Known Tax Tips For Small Business Owners”  that are worth a read (they specialize in accounting and taxes).

As a self-employer or founder of a small business, it can be difficult to navigate the waters of the IRS annual exam (i.e. taxes). LessAccounting.com has “small business tax tips… what you can and can not deduct” that will give you an idea of how NOT to get into trouble with the IRS.

Small Business Taxes & Management (smbiz.com) has been providing tax and management guidance to small and medium-sized businesses and their owners since 1980. They update their page daily (Monday through Friday) with great links, tips and articles.

One last piece of advice – if you are searching for specific tax tips on a search engine, go beyond the first page. Sometimes the answers you are looking for are on a subsequent page. Consider using quotation marks to find specific information.

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Hotels

1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward

2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com

3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com

4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com

5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com

Restaurants

1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com

2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com

3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/

4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca

5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com

6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca

7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/

8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca

9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca

Health and Wellness

1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca

2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com

3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

  • We are the highest Tech centre in the market
  • We have a very modern, high quality, brand new facility located at:

   18 King Street East, Suite 1400

      Toronto, Ontario   M5C 1C4 Canada

    • 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
    • A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
    • Building is located in Toronto's vibrant financial district
    • Plenty of parking available in the area including street parking and reserved parking in the 18 King building 
    • Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
    • Onsite amenities:  Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street 
    • Nearby amenities:  underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services 
    • New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
    • We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
    • Largest training room and conference facilities accommodate up to 60 people classroom style
    • Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
    • Private shower room
    • Indoor Reserved Parking at the current building rental rate
    • Bicycle parking
    • Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
    • Telsec has over 650 locations in 40 different countries worldwide available for their clients.  Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location.  Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location 
    • King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance
  • Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

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Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.