by Webtax Admin | Apr 21, 2021 | small business tax accountants, tax planning
Are you a shareholder of a corporation? You need to remember that even though corporate funds are not personal funds and if you treat your business like it’s a personal bank you may get yourself into trouble with the taxation department. According to the Income Tax... 
by Webtax Admin | Nov 22, 2020 | Accounting, small business acounting, small business tax accountants, tax
Thinking of initiating a Small business in Canada but confused due to the high-income taxes you may have to pay or do you already have a small business and fed up with paying high tax rates? Well, the good news is you can in fact lower your taxes on Small business in... 
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 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... 