by Webtax Admin | Jul 2, 2022 | tax, tax planning
A non-resident (for tax purposes) who has rental income must meet certain obligations to the Canadian Tax Agency (CRA). These tax obligations are the same regardless of whether the non-resident owns one rental house or more real estate in the country. However, they...
by Webtax Admin | Jul 1, 2022 | Accounting, small business tax accountants, tax planning
Starting a business in Canada can seem overwhelming at first glance. There are a few steps in the process, so it will be helpful to do this step by step. This guide is designed to help you fulfill your dream of becoming an entrepreneur. 1. Find a good business idea It...
by Webtax Admin | May 1, 2022 | small business accounting, small business tax accountants, tax planning
While one is undertaking corporate tax planning, it advised to take help of a small business tax accountant so you may not overlook the options of probable tax cuts that only your accountant might be able to pinpoint. However, there are other easily understandable tax...
by Webtax Admin | May 1, 2022 | tax planning
When filing your corporate tax returns, it is advisable to look into different ways to save taxes. While operating in Canada, it can deem stressful to pay a huge sum of tax, but a good corporate accountant will tell you to worry less. As per the CRA, there might still...
by Webtax Admin | Apr 28, 2022 | Accounting, small business tax accountants
Many doctors use their practice to enjoy the same benefits as other self-employed professionals. They often undertake small business accounting. However, recent tax proposals affecting Canadian private companies may have significant implications for doctors with a...
by Webtax Admin | Apr 17, 2022 | Accounting, real estate accounting, Real estate taxes
Saving rental taxes have become an important concern as people find a lot of their income eroded. While paying taxes in Canada. If you are unsure of how this can be done, search tax accountant near me to get in touch with a tax accountant who might be able to help....
by Webtax Admin | Apr 17, 2022 | Accounting, Holding Company, Incorporation
You have worked hard to build your business and create a profitable business. During the first few years, you may have stopped paying to reinvest in your business and grow your business. Now you may be at a point where your business has consolidated, and you are ready...
by Webtax Admin | Apr 10, 2022 | Accounting, Online Accounting, small business tax accountants
Gone are the days when people used to file their taxes with paper and pencil, struggling to understand the basic requirements of the form and its demands. At present, filing your tax online with the help of e-filing is easy to do and serves faster than other services....
by Webtax Admin | Apr 10, 2022 | small business tax accountants, tax planning
Are you a small business in Canada? Or are you passionate about some ideas that you want to implement into your small business, but before you launch your breakthrough product or service, you might want to undertake some tax planning? If you are a Canadian...
by Webtax Admin | Apr 10, 2022 | Accounting, Real estate taxes, tax planning, Tax savings for self-employed Canadians
If you are a real estate agent in Canada looking for the answer to a simple question that all company owners want to know, you are in the right place; in this article, we will be discussing unique ways how to save business taxes for real estate agents. Real estate...
