When you change an accountant or just opened a new company and subscribed to QuickBooks Online you may need to add an accountant to your Quickbooks Online. That will provide your accountant with access to all your invoices, expenses and other information, and the best...
When running a small business, it is essential to know all the CRA deadlines, such as the Corporate tax deadline, HST deadline, and Payroll remittance deadline. CRA may apply costly interest and penalty to the owing amount when you miss the payment deadline, so it is...
Did you know that there are 1.15 million small businesses in Canada as of 2020? Suppose you are the business owner of one of these 1.15 million small businesses. In that case, you likely already understand that one of the most vital things that you should practice as...
CRA extended tax and installments payment due date for corporate, trusts, and individual income tax returns. The previous extension date was September 1, but the new date is September 30, 2020. Penalties and interest The interest will not be charged on existing debts...
Are you doing some tax planning or starting your own business? Whether you are a Canadian resident or a recent newcomer, educating yourself about the income tax rates in Canada is very important in both your personal and professional lives. As an independent...
