Mar 17, 2020 | Corporate Taxes, International Tax, News, Personal Taxes, Small Business
With the current crisis and information from various sources, including yesterday’s announcement from Prime Minister Justin Trudeau, we are taking further steps to minimize the risk to our team. I’ve provided below a brief and more detailed update on the situation,...
Jan 24, 2020 | Personal Taxes, Small Business
The gig economy is alive and well in Toronto. Whether it’s driving for a rideshare company, delivering food or renting out all or part of your home on Airbnb, according to a Toronto Star article, 1 out of 10 Toronto workers is part of the gig economy, which means...
Sep 6, 2019 | Small Business
Did you know that the Ontario government has a program that will refund your business up to $3,000 if you hire a co-op student? The Co-operative Education Tax Credit has been around for about a decade and is a great tool for small businesses, especially businesses...
Aug 7, 2019 | Bookkeeping, Personal Taxes, Small Business
Are your records up to date? A business is a living, growing entity that is constantly changing. In order to keep it healthy, you have to pay attention to what’s happening on a regular basis. If you save your receipts until the end of the year, you may not know...
Jun 27, 2019 | HST, Personal Taxes, Small Business
Last year I wrote about two reasons why small businesses often fail, but there are many moving pieces in a business. Here is part two in the series about how to make sure your business is healthy. Are you filing your taxes? We have some clients who don’t pay the CRA,...
Jun 3, 2019 | Personal Taxes, RECENT, Small Business
I’ve written about incorporation before but here is my update for 2019. The process of incorporating means to form a separate legal entity from yourself. This corporation will be responsible for filing its own taxes. It will have to have a bank account, and you will...
