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...
h Table of Contents $ Why do business owners want to prepare their corporate taxes themselves? $ How much does it cost to prepare a corporate tax return? $ Should you hire an accountant if you can afford it? $ Preparing corporate tax return on paper $ Accounting...
Best way to file nil corporate tax returnThe easiest way to file your nil corporate tax return is to hire an accountant who will do it for you. That is not only the most straightforward way but the safest, because your accountant knows what information is required and...
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...
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...
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...
