Of course they do. But what I mean in general is the layman does not have access to the same services to segue around taxation as someone who can afford an accountant. In the same way gunlaws hu rt innocents more than the cr iminals they intend to target, taxation does the same to middle class families.
Tbh, I'm not sure what it's like in America, so I'll take your word for it. Just that, in Canada, you can avail of certain tax credits based on claims of how your business operates. Home business, sr&ed, ccs, as well as expenses based on how you write purchases off. It's quite arbitrary and really in depth, not by any means trivial to a start up business. The assumption that a business owner would have the time and know-how off the bat to jump through all the hoops while micromanaging their own business, at least here, is quite the expectation.
Maybe my understanding of our own tax system is too simple, but an accountant worth their weight can make the greens despite going red, at least on this side of the world.....
Of course they do. But what I mean in general is the layman does not have access to the same services to segue around taxation as someone who can afford an accountant. In the same way gunlaws hu rt innocents more than the cr iminals they intend to target, taxation does the same to middle class families.
Tbh, I'm not sure what it's like in America, so I'll take your word for it. Just that, in Canada, you can avail of certain tax credits based on claims of how your business operates. Home business, sr&ed, ccs, as well as expenses based on how you write purchases off. It's quite arbitrary and really in depth, not by any means trivial to a start up business. The assumption that a business owner would have the time and know-how off the bat to jump through all the hoops while micromanaging their own business, at least here, is quite the expectation.
Maybe my understanding of our own tax system is too simple, but an accountant worth their weight can make the greens despite going red, at least on this side of the world.....