by admin | Mar 9, 2021 | Accountant, Accounting Tips, Bookkeeping, Small Business, Tax Accountant, Tax Tips, Taxes
CRA Audits Do Happen The words Canada Revenue Agency (CRA) and Audit separately can already make people break out in a sweat, but put them together? I don’t think anyone is ever thrilled to hear that they are going to have to go through a tax audit! However, as an...
by admin | Jan 18, 2021 | Tax Accountant, Tax Tips, Taxes
Last Updated: January 18, 2021 As businesses compile their paperwork for this year’s tax season, I’ve put together a detailed and up-to-date list of some new and important things to consider when preparing your Corporation Income Tax Returns for 2020. After all, this...
by admin | May 15, 2017 | Entrepreneur, Loans, Tax Tips, Taxes
As a small business owner and perhaps sole shareholder of your business, you’ve probably heard about an account called a shareholder loan. The company you own can loan you funds for various purposes. Sometimes this in the form of advances you take throughout the...
by admin | Apr 19, 2016 | Accountant, Accounting Tips, Entrepreneur, Tax Accountant, Tax Tips, Taxes
A call from the Canada Revenue Agency (the CRA, sometimes known by the former name of Revenue Canada) can feel scary and intimidating. We understand. It’s one of the reasons having your taxes done by a professional and keeping records together and complete are...
by admin | Jan 26, 2016 | Accountant, Tax Tips, Taxes
Among the many deductions you can make on your annual tax return, did you know that you can also deduct any fees that you pay to an accounting professional or firm, for the preparation of any tax or accounting? Check out this great article from the Canada Revenue...
