How Does A Divorce Affect Your Tax Return in Canada?
Whenever it comes to tax, there are critical things you need to consider after divorce. Here’s how a divorce affects your tax return in Canada.
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Tax Implications of Divorce or Separation for Business Owners
If you are a business owner and you are in the process of a separation or divorce, what are the tax implications of divorce for you and your business? Here’s a quick overview.
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Am I Required to Make Tax Installment Payments in Canada?
If you owe the CRA money this year through your business in Canada, you may be wondering if you’re required to make tax installment payments.
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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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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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How will COVID-19 Affect Filing Your Small Business Tax Return in Canada?
Did your business take advantage of federal COVID-19 programs in 2020? If so, here’s what you need to know before filing your small business tax return.
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