by Webtax Admin | Mar 13, 2022 | Accounting, small business tax accountants, tax, tax planning
Covid-19 has had a huge impact on businesses not just in Canada but across the world. The current circumstances have been unpredictable for those paying corporate taxes; many want to know whether or not they can claim home office expenses. Small business accountants...
by Webtax Admin | Mar 6, 2022 | small business tax accountants, tax, tax planning, Tax savings for self-employed Canadians
If you are a small IT consultant business in Canada, there are a number of ways you can reduce the expenditure of your corporate tax or business tax lawfully. This article provides information in relation to the strategies that can be used to decrease your business...
by Webtax Admin | Feb 28, 2022 | Accounting, Bookkeeping, small business tax accountants, tax, tax planning, Tax savings for self-employed Canadians
Are you self-employed and living in Canada? Here are Six top tax-saving strategies for self-employed, recommended by Toronto accounting firms. Many self-employed and business owners prefer to hire professionals for their tax-related queries; they have thorough...
by Webtax Admin | May 4, 2021 | small business accounting, small business tax accountants, tax
So, you own a small business, and we’re here to help you with some strategies to assist in your year-end tax planning. The two major challenges that you are going to face are tax and succession planning (Succession refers to nominating the next of kin for the...
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 accounting, 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...
