Navigating Your Post-Filing To-Do List: What to Do Now That Tax Season is Over
The spring tax marathon is finally behind us. With personal filing deadlines and the most common corporate filing deadlines officially in…
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Overlooked Expenses Every Corporation Should Be Claiming
When you review your business accounts each month, major expenses like rent, payroll, and inventory are hard to miss. But when…
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A Guide to Corporate Tax Installments
If there is one thing business owners love less than paying taxes, it’s paying more than they need to. Paying them…
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Keeping the CRA at Bay: How to Avoid Red Flags on Your Canadian Business Taxes
Let’s be honest: nobody jumps for joy when it’s time to file their T2 corporate income tax return or Form T2125…
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June Jubilee or June Jitters? What Business Owners Need to Know About the June 30 CRA Deadline
June usually signals the start of patio season, longer days, and the official kickoff to summer. But for many Canadian business…
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Selling the Assets of a Corporation
This article focuses on Canadian Controlled Private Corporations that are considered small businesses. These are corporations that participate in active businesses…
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The Section 85 Rollover
What to Know Before Incorporating, Part 2 What is Section 85? Section 85 of the Income Tax Act (ITA) allows an…
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Preparing your Business for Year-end
“By failing to prepare, you are preparing to fail” Benjamin Franklin What kind of year-end service do you need? Understanding the…
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How to pay more for bookkeeping services (final part)
In part one of our satirical look at how to pay more for bookkeeping services, we looked at the danger of…
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Should I Incorporate My Business?
Updated February 8, 2024 We often get this question: “Should I incorporate my business?” Unfortunately, many people decide to incorporate without…
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