My Wife had a dayhome as well and we use an accountant for the taxes, I think he charged $120.00. The crappy thing about dayhomes is you have to pay almost double the EI and CPP when you are self employed to the gov't !! For some silly reason and thats what really bit us. You basically have to save about 30% of what your wife pulls in to cover the cost of taxes at the end of the year. Then you have the money (my wife used a toally separate account to deposit that money every month) to front it out come tax time. She used the 30% rule and had a small amount left over in the account when it was all said and done. Again take the advise and go with an accountant over H&R block.....had bad experiences with them.
Lefty
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