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Blog by Trusha Desai aka Trusha Pandit

Writer's picture: Trusha DesaiTrusha Desai

Updated: Feb 20, 2024






If you are a solopreneur, do you consider yourself as labour? Are you cost of goods sold? If you are a professional, are you labour? Don’t your clients categorize your invoices as professional fees? Then, if they don’t consider you as labour, why are you labour? Do you pay yourself a wage of some denomination, however miniscule it may be? Do you consider that as an expense, but not COGS?



Well, let’s not get into the nitty-gritty of accounting. Let us look ahead at Labour Day and examine our bank balance to see if we can partake of sales and discounts as advertised on media and social media. Let us look back and remember long Labour Day weekends when we went away for the last summery warm-ish camping jaunt.


And when you are dogged by bookkeeping issues that require a professional solution, please reach out for your professional bookkeeping, payroll, management consulting, capital gains, personal and corporate tax requirements to me ceo@TrushaDesai.com #TrushaDesai.com

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Writer's picture: Trusha DesaiTrusha Desai

Updated: Feb 20, 2024


FIFA women’s 2023 is over. Spain logged the trophy. But it is baseball that goes on forever. I get a home run, like management consulting with a financial focus. Budgets, cash flow projections and management are the tools of the trade.


Perhaps focused bookkeeping (without a cookie-cutter approach) gets me a single. With one single after another, I do get to home base eventually. Therefore, it is inevitable that I hang onto that mitt. It doesn't matter that despite it all, I am a tennis and hockey fan and will root for my fave players and teams.


Sports analogies aside, through the year, I do GST, PST, payroll, reconciliation, and customized reports. Bookkeeping balances your books and gives you a snapshot of how you’re doing in times of crisis or inflation or rising interest rates. Please reach out for your professional bookkeeping, payroll, management consulting, capital gains, personal and corporate tax requirements to me ceo@TrushaDesai.com #TrushaDesai.com

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Writer's picture: Trusha DesaiTrusha Desai

Updated: Feb 20, 2024


While April 30th signifies the end of tax preparation and filing for personal tax returns in Canada, if you are self-employed and are required to file CRA's T2125 form, you have a few weeks of respite. You can gather your receipts in April and rush them to us in May in order that they are e-filed appropriately, way in advance of Canada Revenue Agency's June 15th deadline.


BTW, the gif is multi-tasking. For April 16th, 2023 is the Vancouver Sun Run, and I will amble along imbibing the cherry blossom pastels and trailing the runners. For this year's Sun Run walk that I will participate in, supports the Heart and Stroke Foundation of Canada. Please pledge your donation ... it will impel me onwards, maybe even a tad faster. I have done the Vancouver Sun Run walk for many years for the BC Childrens' Hospital Foundation, and I continue to support this awesome charity, along with others. Please reach out for your professional bookkeeping, payroll, management consulting, capital gains, personal and corporate tax requirements to me ceo@TrushaDesai.com #TrushaDesai.com

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Trusha Desai Innovation Management Inc.

Trusha Desai aka Trusha Pandit (La femme, શ્રીમતી) 

Founder & CEO

BSMT-7436 Sherbrooke Street, (Unit Basement)

No walk-ins: Please do not disturb neighbours

Vancouver, British Columbia, V5X 4E4 Canada

 

© Trusha Desai Innovation Management Inc. 2024

We live and work on the unceded territory of the xʷməθkʷəy̓əm (Musqueam), Skwxwú7mesh Úxwumixw (Squamish), Tsleil-Waututh Nations, and elsewhere

Trusha Desai is a Certified Professional Bookkeeper
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