Amazon FBA Canada Tax & Accounting 2026 Masterclass (w/CPA Carmela Pirillo) скачать в хорошем качестве

Amazon FBA Canada Tax & Accounting 2026 Masterclass (w/CPA Carmela Pirillo)

Are you a Canadian Amazon seller confused about the CRA, GST/HST registration, or when to incorporate? 🇨🇦 In this episode, we sit down with Carmela Pirillo, a CPA from Ontario who specializes in e-commerce and Amazon sellers. We dive deep into the biggest accounting mistakes beginners make, including the "mystery" of the $30k threshold and why waiting to register for taxes might actually be costing you money. Anthony and Carmela break down the difference between a bookkeeper and an accountant, how to track your car and phone expenses properly, and what to do if the CRA comes knocking for an audit. If you are doing Retail Arbitrage, Online Arbitrage, or Private Label in Canada, this accounting masterclass is a must-watch to keep your business safe and profitable. 👇 IN THIS VIDEO, WE COVER: ✅ Why you MUST separate your business and personal bank accounts immediately. ✅ The truth about the $30,000 revenue threshold (and why you should register sooner). ✅ Sole Proprietorship vs. Incorporation: When is the right time to switch? ✅ How to handle GST/HST across different provinces (BC vs. Ontario vs. Quebec). ✅ What is a Section 85 Rollover? (The hidden detail most sellers miss). ✅ Expense tracking: How to legally write off your vehicle and phone plan. ⏱️ TIMESTAMPS: 0:00 - Intro: Meeting CPA Carmela Pirillo 2:55 - The #1 Mistake: Mixing Personal & Business Banking 4:50 - Why separate accounts protect you during an audit 6:15 - Sole Proprietorship vs. Hobby: Do you need to register? 7:15 - The $30k Threshold: Why you should register for GST/HST early 10:05 - Understanding HST vs. GST across different provinces 12:22 - Do you need to pay someone to register your business number? 14:07 - Bookkeeper vs. CPA: What’s the difference? 17:57 - Can you do your own bookkeeping in Excel? 21:10 - What if you passed $30k sales and forgot to register? 23:25 - Marketplace Facilitator Laws: Amazon collecting tax for you 27:00 - Moving from Sole Prop to Corporation 30:30 - The "Section 85 Rollover" explained (Don't miss this!) 34:35 - When does it make financial sense to Incorporate? 37:00 - Write-offs: How to expense your Car and Phone 41:30 - What happens during a CRA Tax Audit? 43:40 - How to contact Carmela & Final tips