 Hello everybody, Andrea Mayesca here with dental well tutoring. I'm going to talk to you guys about taxes today So the dental hygienists and taxes now before I continue Let me honestly say that I'm not an accountant and I highly recommend getting an accountant. I Have one I tried to do it myself But honestly, that's not where my skill set lies and when it comes to money You want to be able to claim everything you can but you don't want to claim too much and try to get away with too much And then you get in big trouble and have to pay money back So I highly recommend an accountant for sure I could talk about taxes for hours because there's a lot to show you guys There's a lot of templates and things involved, but once you get the hang of it. It's super easy It just means you have to stay organized You have to be organized and I tend to look through everything my expenses income once a month I tried to do it once a week, but life gets in the way and that's just difficult to do I'm sure if I did it once a week it'd be a lot easier for me But I take an hour or two once a month and get through everything Whereas when I first started I guess claiming taxes to be a dental hygienist or to be a dental hygienist Was when I started tutoring and I made more money that I kind of had to claim taxes anyway for my tutoring And now I kind of lump it all in into one big sum But I would do that at the end of the year But I would literally spend hours and hours and hours looking through expenses looking through my income looking through all of this so I teach you guys how to be organized and I kind of teach you guys what worked for me because I consider myself an organized person but I'm also one of those people where when life gets in the way I put things off, you know, like I'll do it tomorrow and then oh something else came up I'll do it on Saturday and then oh I'll do it on Tuesday. Oh, well, I haven't done it for three weeks What's another week, you know, so I'm one of those people But it's so much easier to just get things organized ahead of the game and to talk to a professional That's helped me so much. I go through everything in my course that I have now called Dental LRDH. I'll put the link on the bottom for you if you are interested It is a full course where you have lifetime access to everything that a dental hygienist needs to know now I am based in Canada But I talk about everything that a dental hygienist needs to know as a whole Including taxes everybody always has questions about taxes and I know a thing or two about taxes because I've been claiming them now for At least four years. It should have been sooner, but I just didn't know any better So I've been claiming them now for four years and it has saved me a fortune So if you guys would like to check out that course, I do offer full Templates for taxes, which is great Like I said before I could talk about taxes for hours, but I'm just gonna kind of go through The basics for you right now. So you have an idea So if you are a temp dental hygienist Taxes are a little bit different for you because if you're not a permanent employee of some kind whether it be full-time or part-time Your employer isn't automatically taking away taxes from your paycheck and they should be If you're a permanent employee, they most likely are Anytime a dental office tells you that they're hiring you under contract tell them that's not allowed Now again you guys Everything I mentioned in the video today depends on where you live Of course, but this is pretty much throughout the board and and what I've been told from my accountant Personally not all accountants might agree with the same thing some accountants like to get away with certain things some of Accountants are less, you know, what's the word? I'm looking for but they're less aggressive Some of them are more aggressive. So it really depends on the accountant, but Me the relationship that I have with my accountant is I don't want to get in trouble I don't want to owe any money. Even if that means by not taking risks. I'm okay with that I don't want to owe anything But the main thing that he has said to me is as a dental professional. You're not It's not your fault. It's their fault if the dental office if your boss is telling You know taxes that you are a contract employee that is Wrong because if you're a permanent employee, you can't be a contract employee And what employers like to say is if you're a contract employee Well, it's easier for them because they don't have to fill out tons and tons and tons and tons of paperwork When they don't really know if you're staying anyway Because it is a lot of paperwork Plus they don't have to worry about knowing how much to take away tax time or sorry They don't have to worry about knowing how much to take away from your paycheck So it's just a lot easier for them to give you a check and to simply pay you as if you were you know Installing new hardware in your home if you're putting in kitchen cabinets Or if they're putting kitchen cabinets or whatever when you hire a mage to clean your house if you hire a house Cleaner you don't give them, you know, you don't sign them up as your worker You just simply give them cash or give them a check, right? So that's kind of what they're treating you as as well You work for me. Here's cash. Here's a check. They're not supposed to do that. Have I accepted that? Oh heck Yes, I worked for an office for almost a year that I was hired under contract, but I didn't know any better I thought it was fine. I felt like I made so much more because they're not taking away taxes But I made sure to set aside enough for Taxes just to be on the safe side Now how much you want to set aside is up to you So if for some reason you are in the situation where you are being paid as a contract employee Meaning they don't take away taxes Set aside enough for taxes every paycheck. My accountant says to save 30 percent Um 20 to 30 percent I would just always save the 30 percent because I didn't want to get caught up with having to pay so much at the end of the Year or at the beginning of the year or whatever and to just simply not have the money and anything that was left over I felt good and I just used it on something else Versus let's say although I'm just going to save 10 percent because that's all I can afford You will owe a lot at the end of the year or sorry the beginning of the year I keep saying end of the year But you would you know handle your taxes the beginning But you will owe so much and you'll be so stressed Okay, so I suggest putting aside 30 percent because hey We're human beings if if we've been working somewhere forever and they've hired us on Contract and not taking away taxes. We probably don't feel comfortable going up to them and saying you're not allowed to do this You know you have to pay me as a proper and Employee take away my taxes, you know We're not going to do that. I'm human you're human I totally understand that so if you're in that situation then make sure to put enough aside But if you want to look for another job, it's probably a good idea because it will save you a lot of headache trust me Even I've been in the situation before where I worked at it at the dental office. I was young You know, you didn't really know any better, but they weren't taking enough away from taxes So here I thought I'd be fine, but come tax time I always owed money. It would be eight hundred dollars two thousand dollars Whatever, but I always owed money and I'm thinking why do I owe money like this is ridiculous And you know when you're young you probably don't have eight hundred dollars just lying around and my accountant or sorry I didn't have an accountant at the time, but I knew an accountant And I just sort of you know asked them some questions and they said well They're not taking away enough for taxes and I'm thinking how am I supposed to know that shouldn't they be knowing that? So that's just kind of how that comes into play. So I guess in a nutshell make sure your Office is taking away taxes that does help you so much. Now a lot of hygienists asked me can reclaim uniforms can reclaim our gas Receipts can we claim continuing education? Yes, you can but it just depends on how you go about it If you call yourself self-employed then yes, you can claim all of those things But that also means you're not Allowed to have a lot of the benefits of a lot of things that those who aren't self-employed are entitled to so it just depends on how You want to go about it? So a little backstory about me is I've been tutoring now for about almost 14 years But I just started claiming taxes for that about four or five years ago because I just simply wasn't making enough Or so I thought to claim taxes But apparently I was and I should have been but I just simply didn't know that right But now that I make a full-time income from tutoring, which is awesome. I love that I Have to whether I want to or not claim taxes, but that does have its certain benefits Claiming taxes on it means that I can claim things like I tutor from home So I can claim my mortgage my computer my my heating costs my air conditioning costs If I hired somebody to mow the lawn, you know things like that I can claim So you're probably thinking why I can't claim that stuff. I don't work from home But you know as I was saying though, I'm self-employed, but I I do tie in my dental hygiene stuff as well because I am considered a temp hygienist so That could mean depending on the office where I'm working as I get cash or a check or I'm seen as a contract If I don't work in the same office all the time It doesn't make sense for them to hire me as an employee if I'm there, you know one Monday every six months or you know Something like that, right? It just doesn't make sense Sorry guys, I'm expecting somebody and I was just checking if they were here yet, but they're not So it just kind of depends on the situation But for me since I'm a tutor and I do own my own business and I can kind of tie everything in which is nice But that also means that I am not entitled to Unemployment income if I ever lose my job as a temp hygienist or if I'm working somewhere permanently I would not be entitled to that because I tutor as well I'm not entitled to maternity leave because I'm saying I'm self-employed But that's also because I tutor as well So when you say you're self-employed when you classify yourself as Self-employed you are self-employed and you're not entitled to a lot of the same things So you kind of have to look into that and think okay. Well if I'm claiming everything I'm self-employed or do you work for an office where you don't have to claim everything? but you are still Excuse me. I'm just gonna have some water for a second Clearly I'm very passionate about this topic right guys Sorry, I keep thinking I'm like hearing things. Sorry now my webcam is all blurry Well, probably because my dog is barking so sorry about that So you have to pick and choose what you want to do But if you were a permanent employee somewhere else you could always you know try to claim things like you're continuing Education, you know like that's something small that they would just simply say yes or no to But it can't hurt to try to claim say a three hundred dollar course, right? But if you go so far as claiming all of your gas to and from work claiming continuing Education claiming your uniforms all of that then you can't just have it both ways You have to be self-employed So this is where if you guys have more questions and need more help sign up for my new course Dental LRDH. Well, it's a new course, but all of this I've been developing the course for probably just under a year It is amazing and it will help you with so many things not just taxes. So if this sounds confusing to you Please have a look and I go through everything for you inside the course. There's templates. There's everything Well, let's see what time is it? How long has this video been? Sorry guys. I tried not to make it too long But I want to mention though, too for your uniforms You're not allowed to claim your uniforms unless it has the logo on it So if it says your office logo Then you can claim it because it's for that office, right? Technically if you have like a logo of your name on there, you might be able to get away with claiming it But I haven't tried that yet So I don't know if I would recommend it but it has to be something permanent and it has to be a logo You know simply me, you know, even myself as a tutor me buying new clothes I can't claim that as my uniform even though I tutor online. I have to wear clothes, you know for my students, obviously And I can't just always wear the same clothes, but but they say well, yes, technically you can unless it is a uniform that I wear only for my Webinars and tutoring I could claim that but that's a lie So I can't claim a lot of the things that I might be able to so you really can't have it both ways Get an accountant to help you, but I do have templates everything all of that inside the course. There are hours and hours Yes, there are of Videos helping you guys through everything not just taxes but talking about appointments talking about how to talk to patients What do you do when a patient doesn't want x-rays infection control how to transfer a patient in a wheelchair, you know I mean, we're talking about taxes here, but there's a lot inside the course I'll leave the link at the bottom for you feel feel free to have a look and Taxes especially is not something that you can kind of read over work on your taxes for one afternoon It's an ongoing thing, but if you utilize them properly you can save a ton of Money come tax time. I can't say that enough. I'm a quick example again I took the restorative hygiene course about three years ago I was able to claim that all my taxes. So I saved about seven thousand dollars Yeah, the course was about ten thousand and I saved a good chunk of money because I was able to claim that But I was also a tutor and self-employed at that time So I was able to claim all of that But if you're not careful, you could end up owing a lot of money too. So you really need to need to be careful Higher an accountant and they will help you out, but your accountant won't be a dental hygienist So I can help you guys with the dental hygiene part and what works for me How I claim my taxes and then oh it would be so much less stressful for you And I do update the tax part of the course at the end of every single year because things change So you will have that after every single year because inside the course Dental LRDH. It's a lifetime course. So you can even just watch a couple videos a year watch the one tax Module that has a ton of Teachings in there and it would be well worth it. So thank you guys for watching but if you guys have any questions feel free to comment and I would be happy to help you guys out. So thank you for watching and good luck come tax time I'm going to go organize my taxes now actually because it is almost the end of the month and I'll see you guys in the next one