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Hey Matt, we got a question in the DM. He says, "I'm a Punjabi and I'm new to Canada. I got a job as a truck driver. What info should I keep or save for tax season?" That's a great question. And when you are new to Canada or starting out as a truck driver, your key point is documentation and making sure you keep every single pay stub, your logbooks of your time on the road and all your receipts of expenses that comes out of your bank account that can be leveraged for taxis at the end of the year. So make sure you keep your logbooks, you keep your statements from your settlements and your work that you're doing and any expenses that come out of your pocket to make sure that you get all those deductions at the end of the year when you reach out to a firm like M7.

Hey Matt, we got a question in the DM. He says, "I'm a Punjabi and I'm new to Canada. I got a job as a truck driver. What info should I keep or save for tax se…

Ideas in this flowchart

  • Tax Information for New Truck Drivers in Canada
  • Key Documentation
  • Pay Stubs
  • Logbooks
  • Expense Receipts
  • Settlement Statements
  • Purpose of Documentation
  • Leverage for Tax Deductions
  • End of Year Tax Preparation
  • Consultation with Tax Firm
  • M7 Firm
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Hey Matt, we got a question in the DM. He says, "I'm a Punjabi and I'm new to Canada. I got a job as a truck driver. What info should I keep or save for tax season?" That's a great question. And when you are new to Canada or starting out as a truck driver, your key point is documentation and making sure you keep every single pay stub, your logbooks of your time on the road and all your receipts of expenses that comes out of your bank account that can be leveraged for taxis at the end of the year. So make sure you keep your logbooks, you keep your statements from your settlements and your work that you're doing and any expenses that come out of your pocket to make sure that you get all those deductions at the end of the year when you reach out to a firm like M7.

"Hey Matt, we got a question in the DM. He says, \"I'm a Punjabi and I'm new to Canada."

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