by Webtax Admin | May 18, 2020 | Accounting, small business acounting, small business tax accountants, tax
Are you or are you planning to set up a Small business corporation in Canada? You can enjoy tax-free benefits from your corporation, there are a number of benefits that you may be eligible to receive and that too tax-free, this guide will tell you exactly how. You may... 
by Webtax Admin | May 13, 2020 | small business acounting, small business tax accountants, tax
Interested in purchasing a home in Canada? You can now buy your dream home using a corporation, there are many benefits of using corporations to purchase a home and the reason why home owners prefer corporations to hold properties rather than holding them personally... 
by Webtax Admin | Apr 28, 2020 | Accounting, small business acounting, small business tax accountants, tax
If you own a Canadian Controlled-Private Corporation (CCPC), you are probably familiar with the method of paying dividends to your family members in order to reduce the overall tax you pay to the CRA. Most CCPC’s do this, but it is vital that you make sure you... 
by Webtax Admin | Apr 23, 2020 | Uncategorized
If you’re deciding to move out of Canada and to become a non-resident, there are a few tax implications you have to understand. As a non-resident, your taxes will be quite different than they were previously. First of all, let’s define a non-resident properly. A... 
by Webtax Admin | Apr 12, 2020 | Accounting, chartered accountants in Canada, tax
Whether you have income or not, you are required to file a personal tax return in Canada. The deadline for filing personal tax returns is always April 30th of every year. However, due to the COVID-19 pandemic, this year, your taxes are now due June 1, 2020. There are... 
by Webtax Admin | Apr 1, 2020 | Accounting, small business acounting, small business tax accountants, tax
The government is doing whatever it can to help individuals and businesses alike through this global, economic, and social disturbance that COVID-19 has brought. Apart from offering the CERB and other benefits, tax deadlines are also deferred to help individuals who... 
by Webtax Admin | Apr 1, 2020 | Accounting, small business acounting, tax
With the sudden spread of COVID-2019 across the globe, serious economic consequences are starting to surface. The call for social distancing and the closure of non-essential businesses in Ontario and other provinces have left hundreds of thousands of individuals... 
by Webtax Admin | Jun 11, 2019 | Uncategorized
If you are a non-resident in Canada but you have a rental property in Canada then it is extremely important that you understand the tax implications of your status. Most non-residents want to buy rental property in Canada because of the good real estate market which... by Webtax Admin | May 24, 2019 | Uncategorized
Webtaxonline has even been helping Freelancers with Bookkeeping. It is a system that is needed by everyone regardless of their background, they have recently helped a number of freelancers to install a Bookkeeping system. Freelancers have a legitimate concern... 
by Webtax Admin | Feb 14, 2019 | small business tax accountants, tax
-By Maha Rehman- Filing a tax return is essential if you live in Canada. If you don’t have all your tax documents up to date you can run into a lot of trouble and be forced to pay certain penalties. Since most people are far too busy to keep up with their... 