Ask an Accountant: What is a Business Asset?
Whether you need to know for tax reporting reasons or just because you’re curious, here’s a definition of what is a business asset.
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Expanding Your Business? Learn About New Tax Requirements
As you grow your business during its life cycle, it will trigger new tax requirements. Here’s a quick look at what to consider as it evolves.
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How Taxing Non-Cash Benefits for Employees Works
Occasionally staff members will receive compensation for their efforts outside of their regular pay cheque. Here’s a quick overview of taxing non-cash benefits to your employees.
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Ask a Professional Accountant: Do Corporate Loans Count as Taxable Income?
Do corporate loans count as taxable income? If shareholders or employees borrow money from a corporation, yes, that money is usually considered taxable income. But the CRA allows for some exceptions.
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How to Grow Your Business in a Tough Economy
Want to grow your business regardless of a slow economy? Here are some tips on how to make it happen.
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Tax Credits in Canada for Small Business Owners
Separate from tax deductions, tax credits in Canada are a great help for small business owners, if you qualify for them. Here are a few that you may be qualified for.
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