Corporate Tax Return Filing in Canada
Filing corporate tax returns is a crucial responsibility for businesses operating in Canada. Whether you’re a small business owner or managing a larger corporation, understanding your obligations under Canadian tax law can help you avoid penalties and ensure compliance. Here’s everything you need to know about corporate tax return filing in Canada. Who Needs to […]
Tax Filing for Amazon Sellers in Canada
As an Amazon seller in Canada, navigating the complexities of tax compliance is essential to running a successful e-commerce business. From income tax to sales tax obligations, understanding the rules and regulations can help you avoid penalties and optimize your financial standing. This guide provides an overview of key tax considerations for Amazon sellers operating […]
Shareholder Loan: Understand it and Avoid Trouble with the CRA
This article will dive into the following topics on Shareholder Loan CRA: What is a Shareholder Loan? In general, your shareholder loan represents the balance of funds that you have contributed to the corporation. Or on the flip side, it also represents the funds that you have withdrawn from the company. You can loan money […]
Personal Tax Guide in Canada
In this article, you’ll learn how your money is taxed, and the types of income and deductions that allow you to reduce that tax. Personal Taxes guide in Canada How Personal Taxes Work in Canada In this article, you’ll learn how your money is taxed, and the types of income and deductions that allow you to reduce […]
Salary Vs. Dividend: How to Pay Yourself from Your Corporation
We work with business owners from across Canada and we are often asked about the difference between salary vs. dividend Canada. If you own a business through a corporation, you have the ability to pay yourself a salary or dividends or a combination of both. This article will look at the difference between salary and […]
Shareholder Loan: Understand it and Avoid Trouble with the CRA
This article will dive into the following topics: What is a Shareholder Loan? In general, your shareholder loan represents the balance of funds that you have contributed to the corporation. Or on the flip side, it also represents the funds that you have withdrawn from the company. You can loan money to your company by […]