Jones and Cosman Chartered Professional Accountants

TikTok told thousands of Canadian business owners to buy a car through their "LLC" and write it off.
There are a few problems with that.
Canada doesn't have LLCs. The 6,000 lb weight trick is American law. CRA doesn't care about your logo decal.
And if you already bought the car through your corp without planning it first, you may have a taxable benefit hitting your personal T4 every year — whether you know it or not.
Swipe through. I show you the actual math on a $30k car.

Save this. Send it to anyone who's about to buy a G-Wagon "for tax reasons."
Rob Cosman, CPA | Jones Cosman Chartered Accountants Full breakdown →

Should You Buy a Car Through Your Corporation in Canada? Should you buy a car through your corporation in Canada? If you spend any time on TikTok or Instagram, you've probably seen some financial "guru" telling you to buy everything through your company. Cars are the big one. And the advice sounds amazing in a 60-second clip. But the math almost never wor...

Selling into Canada? You could be leaving money on the table.

Most non-resident sellers think GST/HST is just a tax to pay…

It’s actually a way to recover money.

Once registered, you can claim back GST/HST on:
✔️ Amazon fees
✔️ Imports
✔️ Shipping & 3PL costs

For many sellers, this turns into one of their biggest refunds.

The catch?
Most setups are wrong—leading to overpaying or missed credits.

At Jones & Cosman CPA, we specialize in fixing that for non-resident e-commerce sellers.

Email us at [email protected] if you’re selling into Canada and want to make sure you’re set up right.

If anyone is looking for bookkeeping services let me know we have been slowing taking a few clients this past year. Yes you deal with me directly not a VA.
Just saw that bench co just closed up shop (they use their own bookkeeping system). Another reason why you want your books in a tried and tested system like Quickbooks online who we have our bookkeeping clients on.
It’s interesting quickbooks and Amazon just signed an agreement to work together so I expect some advantages over then next couple of years with them.