Tax Time: Five Things Businesses Should Know
February 23, 2015
When you start a small business, your hands are very full with the day-to-day operations. Creating, improving and selling your products and services are very …
How to Consolidate Your Business Debts
February 17, 2015
Business Debt Consolidation – is it the best option for me? Just like individuals, businesses can find themselves in a precarious position when it comes …
CRA Tax Audit
February 11, 2015
What is a tax audit? As explained on the CRA web site, auditing is a way for the Canada Revenue Agency to monitor and inspect …
What is a Personal Services Business?
February 6, 2015
What is a personal services business? The answer can be confusing, especially when you get into the tax jargon and lingo many companies use to …
Where should I start to set up a business in Canada?
February 3, 2015
The idea of setting up a business in Canada is appealing to a lot of people. Get ready to bring your idea to life by …
How Do I Hire The Right Accountant?
January 29, 2015
Whether you’re an individual with general tax inquiries or a business owner looking to hire a full time accountant, it is very important that you …
Great Tax Deductions For Small Business Owners!
January 27, 2015
As a small business owner, the number of tax deductions you are entitled to is impressive. You simply need to be aware of them and …
What are the Corporate Tax Rates in Canada?
January 14, 2015
Your corporate taxes are based on your business’ net income, not the actual sales. The federal corporate tax rate, for small businesses is 11%, for …
Know Your Rights When Dealing With the CRA
January 7, 2015
Handling calls from the CRA can be an intimidating ordeal. You and other business owners are often afraid that managing these issues will take up …
HELP! My business is incorporated – what taxes am I responsible for?
December 30, 2014
Dividing your personal and business income is always challenging particularly when it comes to taxes. Once your business is incorporated, it becomes an independent entity: …
Tax Tips for Canadian Business Owners
December 29, 2014
Filing your taxes is an unavoidable responsibility, as a business owner. Keeping your financial records organized throughout the year will definitely help to simplify this …