Salaries and Taxes for Your Small Business – Some Planning Required
Often, as business owners, we don’t want that huge tax bill at the end of the tax season. Some decide they want to just pay themselves a salary so they can pay taxes as a … Read more
Link to Canadian Tax Packages for All Years
Each package includes the guide, the return, related schedules, and the provincial or territorial schedules, information, and forms (except Quebec). Click here to access this resource on the government of Canada website.
Are You Unknowingly Part Of The Underground Economy?
“Can’t I just pay my employees with cash?” We still hear some version of this question now and then. Moonlighting or “working under the table” is the basis for the underground economy in Canada. According … Read more
5 Resolutions for Your Bookkeeping New Year
We all make promises to ourselves that in the New Year we will do things better. Here are 5 worthwhile activities that will make your accounting processes easier for yourself and your bookkeeper. These are … Read more
Are You in Danger of Missing Your Business Income Tax Deadline?
Do you know when you are required to file income tax returns for your business with the Canada Revenue Agency (CRA)? The following is a guideline to use to make sure you file in time … Read more