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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How to Include Home Office Expenses in Your 2020 Tax Return
Millions of Canadians transitioned to working from home in 2020. Here’s a summary of what home office expenses you are eligible for on your tax return.
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How Accurate Financial Records Can Increase the Value of a Small Business
Whether you’re looking to sell or just want your business to operate at peak performance, here’s how accurate business records can increase the value of a small business.
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Key Bookkeeping Skills for the Success of Your Business
There are many factors to success in business and an impeccable set of books is one of the most underrated. Here are some key bookkeeping skills to help you succeed.
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The Key Differences Between a Bookkeeper and an Accountant
Do you need an accountant, a bookkeeper or both? Here’s quick summary of the differences between a bookkeeper and an accountant.
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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.
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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.
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8 Top Bookkeeping Mistakes by Small Businesses
Get familiar with these top bookkeeping mistakes by small businesses so that you know how to prevent them.
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Easy Ways to Prepare Tax Records for Your Accountant
If your method of sending files at tax time involves a bankers box and prayer, please read this article on how to prepare tax records for your accountant.
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How to File Your Taxes When You Have Income and a Side Business
Got a regular job and running a small business at once? He’s a quick overview on how to file your taxes when you have income and a side business.
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