How to pay T2 Corporation Tax to CRA?
Are you confused about which payment method to use while paying T2 Corporation tax to CRA? Don’t worry! Here are some of the options available for you: You can pay … Read more
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How to calculate the growth rate of your business?
Often times, business owners are unable to identify the factors that determine the growth rate of their business. You must analyze the following points if you want to calculate the … Read more
How to deduct CPP contributions from an employee’s salary?
Several employers in Canada have a hard time determining when they need to make deductions from their employees’ pensionable earnings for the Canada Pension Plan (CPP). According to the CRA, … Read more
How to determine which expenses are ‘operating expenses’?
As a business owner, an essential part of your responsibilities is to record your business expenses. However, this can get tricky sometimes because businessmen have a hard time determining which … Read more
Thinking of selling your company?
Are you thinking of selling your company? Well here are a few key tips that will increase the value of your firm in the eyes of the acquirers: You need … Read more
Do you know how to maintain your firm’s financial records according to the requirements of the CRA?
If not, then don’t worry. We have the answer for you. Just follow these 4 steps and you are good to go. Your records should be accurate. You must ensure … Read more
Should I Go Back to Work or Stay on CERB?
Should I Return to Work or Stay on CERB? I’m currently collecting the Canadian Emergency Response Benefit (CERB) and have been offered my job back/I have been offered a new … Read more