Category: Tax

Tax Accountants for Small Businesses Payment of taxes is mandatory for all businesses in Canada. To keep up with the payment of your taxes, you have to learn how to plan ahead of time. Running a business is enough work and can be time consuming. Therefore, overseeing the running of your business and planning your …

Why should you hire an accountant for your small business? Getting a professional to sort out your small business accounting need can be a lot of work. This is because you want to be sure that your choice is right for your business type. Most entrepreneurs also get confused about hiring the best accountant that …

As a small business owner, the success of your business depends on how well you are able to keep a proper record of your business finance. This can be done easily with the help of a small business accountant. Every business generates income from either the goods they sell or the services they render. These …

Taxation in various geographical locations varies. This is dependent on the government or laws binding in that setting. Taxing in Alberta is a fair, efficient and effective source of revenue to the government of Alberta. Alberta has the highest personal and spousal tax amounts in Canada and residents have the opportunity to earn more before …

In Canada, the small business income tax rate is the income tax rate paid by a small business at the Federal level. It is not uncommon to find individuals setting up their means of livelihood. This is known as self-employment. Self-employment is not limited to freelancing. Owning a small business automatically makes you self-employed because …

When you’re filing taxes in Canada, it’s vital that you know the information that is most pertinent. By learning about potential writings, filing deadlines, and other matters, you’ll avoid mistakes and get the return that you need. As a Canadian citizen, it’s your obligation to stay up to date with such information. Follow these steps …

Many Canadians either don’t file their taxes or don’t file them on time. Businesses are just as likely not to file or pay on time. It’s hard to file on time if you don’t know the Canada tax deadline. For the upcoming tax filing season, there are a few dates you should keep in mind. …

Did you know that Alberta has some of the most generous tax incentives in Canada for small businesses? If you’re planning on moving to Alberta, or you’re just starting a business, here are some basics about filing business taxes in Alberta. While on a federal level your business tax obligations are the same anywhere, the …

Experts say 45% of Canadians will be self-employed in the next couple of years. Around 47% of self-employed Canadians enjoy the flexibility that comes with owning a business and working on their own terms. Don’t let taxes spoil your experience: stay aware. Learn how to do self-employed taxes so you can enjoy the true perks …

No matter the time of year, you should be thinking about how to maximize tax return value when it comes time to file. Your taxes are an overall assessment of your yearly earnings, after all. It’s important to be thinking about it throughout the year so that you’re prepared for the outcome when you file. …