10/16/2026
A side hustle can mean extra income, but it can also mean extra tax responsibilities. ๐
๐ Driving for work? ๐ป Freelancing? ๐๏ธ Selling online?
You may need to report your income to the CRA.
A few ways to stay organized and avoid surprises at tax time:
โข Track what you earn.
โข Keep receipts for eligible business expenses.
โข Save your records as you go, not when tax season rolls around.
The CRA generally requires you to keep tax records for at least six years.
A little organization now can save you a lot of stress later.
Share this with someone who has a side hustle! ๐
*General information only, not tax advice.