{"id":39,"date":"2026-05-01T09:00:00","date_gmt":"2026-05-01T09:00:00","guid":{"rendered":"https:\/\/netaccounting.ca\/blog\/?p=39"},"modified":"2026-06-10T21:28:32","modified_gmt":"2026-06-10T21:28:32","slug":"net-news-may-2026-you-survived-tax-day-now-what","status":"publish","type":"post","link":"https:\/\/netaccounting.ca\/blog\/net-news-may-2026-you-survived-tax-day-now-what\/","title":{"rendered":"NET NEWS \u2014 May 2026:                                     You Survived Tax Day! Now What?"},"content":{"rendered":"\n<p>The fireworks are for Victoria Day, but we like to think they&#8217;re celebrating the end of Tax Season! \ud83c\udf8a<\/p>\n\n\n\n<p>Here&#8217;s what most business owners don&#8217;t realize: with the April 30 deadline behind us, the pressure lifts. But there&#8217;s a hidden window of opportunity that closes fast. Now is the perfect time to stop looking backward at 2025 and start engineering 2026 profitability.<\/p>\n\n\n\n<p>Here&#8217;s your May briefing \u2014 three secrets that separate thriving eCommerce businesses from struggling ones.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Secret #1: Your Refund Reveals Everything<\/strong><\/h2>\n\n\n\n<p>Did you get a massive refund? Or did you owe a scary amount? Neither is ideal.<\/p>\n\n\n\n<p><strong>Big Refund?<\/strong> You gave the government an interest-free loan all year. We should adjust your salary and dividends to keep that cash flowing through your business month-to-month.<\/p>\n\n\n\n<p><strong>Big Bill?<\/strong> We need to set up an installment plan for 2026 so you aren&#8217;t blindsided with a lump sum next April.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Secret #2: The Metric That ROAS Hides<\/strong><\/h2>\n\n\n\n<p>Most founders obsess over ROAS (Return on Ad Spend). But ROAS lies.<\/p>\n\n\n\n<p>You can have a high ROAS and still lose money if your shipping and COGS are eating your margins alive.<\/p>\n\n\n\n<p><strong>New Metric: Contribution Margin<\/strong><\/p>\n\n\n\n<p>(Revenue \u2013 COGS \u2013 Shipping \u2013 Transaction Fees \u2013 Ad Spend) = Contribution $<\/p>\n\n\n\n<p>This is the actual cash left over to pay your overhead and yourself. If this number is shrinking, we need to look at your pricing strategy immediately.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Secret #3: The Victoria Day Inventory Trap<\/strong><\/h2>\n\n\n\n<p>Summer is coming. Is your warehouse full of winter stock that didn&#8217;t sell?<\/p>\n\n\n\n<p><strong>Tax Trap Alert:<\/strong> Holding onto dead stock costs you money in storage fees AND inflates your taxable income through phantom profit.<\/p>\n\n\n\n<p><strong>Strategy:<\/strong> Run a &#8220;Victoria Day Flash Sale&#8221; to clear old inventory. Turning dead stock into cash \u2014 even at break-even \u2014 is better than paying tax on it while it collects dust.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nadine&#8217;s Corner<\/strong><\/h2>\n\n\n\n<p>The sun is out! \u2600\ufe0f I&#8217;m officially entering &#8220;Recovery Mode.&#8221;<\/p>\n\n\n\n<p>For those of you who filed on time \u2014 thank you! For my self-employed friends: you still have until June 15 to file your final return. Don&#8217;t use this extra time to procrastinate. Let&#8217;s get it off your desk so you can enjoy the summer.<\/p>\n\n\n\n<p>Have a great long weekend!<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ready to Turn Tax Insights Into Profit?<\/strong><\/h2>\n\n\n\n<p>Let&#8217;s book a 15-minute &#8220;Post-Mortem&#8221; call to adjust your payroll and profit strategy for the rest of the year. <a href=\"https:\/\/www.netaccounting.ca\/contact-connect\">Book your strategy session at netaccounting.ca<\/a><\/p>\n\n\n\n<p><em>The Net Accounting Team<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>This content is for educational purposes only and does not constitute professional tax advice. A qualified professional should review your specific situation.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fireworks are for Victoria Day, but we like to think they&#8217;re celebrating the end of Tax Season! \ud83c\udf8a Here&#8217;s what most business owners don&#8217;t realize: with the\u2026<\/p>\n","protected":false},"author":1,"featured_media":40,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-39","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monthly-newsletter"],"_links":{"self":[{"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/posts\/39","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/comments?post=39"}],"version-history":[{"count":1,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/posts\/39\/revisions"}],"predecessor-version":[{"id":41,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/posts\/39\/revisions\/41"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/media\/40"}],"wp:attachment":[{"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/media?parent=39"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/categories?post=39"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/netaccounting.ca\/blog\/wp-json\/wp\/v2\/tags?post=39"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}