Did you know that the average Canadian-including small business owners in Canada- pay 42.5% of their income in taxes? That’s a lot of money. There are many expenses which small businesses can write off in order to cut down on their taxes. If you run a business...
When you run a corporation you gain a tremendous amount of benefits. You can save on your taxes in various ways when you run a corporation or even a small business. One particular way you can save money through your corporation is by deciding whether it’s best...
HST or Harmonized sales tax is one of the many factors which makes Canada unique to other countries. The amount of HST you pay for your business or the amount of HST you charge to your clients varies significantly depending on which province you live in....
What is Bookkeeping? Bookkeeping builds the basic foundation of any financial statement for a business. Without proper bookkeeping, your financial statement can easily be created wrong and in turn, you could be losing out on a lot of money at the end of every year....
If you own a business there are many tax deductions you are eligible for. Most business owners are aware that they can claim a few tax deductions, but the majority of them are not familiar with the different deductions which are available for them. There are many...
Personal finance experts all agree that taxes are incredibly complicated and if you want to take the maximum amount of benefit that you possibly can with regards to deductions and benefits then you really need to consult an expert when filing your taxes. There...
