What Happens When You File Your Small Business Tax Return Late?
Preparing a tax return isn’t fun for most. It can be tempting to put it off. So, what happens if you file your small business taxes late?Read More
How to Calculate Payroll Deductions for Small Business in Canada
If your business has employees, you will need to run a payroll. Here’s a quick summary on how to calculate payroll deductions for small business in Canada.Read More
Understanding Canadian tax statements: T3, T4 and T5
Need some help understanding Canadian tax statements from an experienced accountant? Here’s a quick guide to the T3, T4 and T5.Read More
Canadian Taxes: A Guide to the T5013 Partnership Income Form
Partnership operators in Canada must file the T5013 partnership income form if their income is above a certain threshold. If you run a partnership, here is what you should know.Read More
What Healthcare Expenses are Tax Deductible in Canada?
If you’re a business owner and you are wondering what healthcare expenses are deductible in Canada, here are some key points to get you started.Read More
Salary or Dividends? How You Can Pay Yourself as a Business Owner
If you are a business owner, you can pay yourself in one of two ways: salaries or dividends. Learn all about the pros and cons of each payment method.Read More