by Anna Grigoryan | Taxes
In today’s fast-paced business world, time is a precious resource, and small business owners constantly seek ways to streamline their financial processes. One area that can significantly benefit from simplified procedures is HST tax reporting, and that’s...
by Anna Grigoryan | Taxes
Thousands of new businesses are opened every month to be successful and produce a profit. While such companies are successful in most cases, it is still pretty common to have a loss or no income throughout the tax year. Some companies, such as startups, run with...
by Anna Grigoryan | Taxes
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...
by Anna Grigoryan | Taxes
Every year all Canadian residents have to put some time aside to prepare their taxes. For somebody who lives in Canada for many years, it is no longer a question, “how hard to file your taxes in Canada?” they already did it several times. But for somebody...
by Anna Grigoryan | Taxes
In Canada, like most of the countries, you have to pay taxes from the income provided by your job. But what happens when you do not have a job, do you still have to pay taxes? In short, you have to pay taxes from your income, and even if you do not have a job, most...
by Anna Grigoryan | Taxes
To reduce the cost of continually increasing childcare costs in Ontario, the government of Ontario introduced a new refundable childcare tax credit. The Childcare Access and Relief from Expenses (CARE) tax credit was unveiled early in 2019 in Premier Doug Ford’s...
