Anytime you want to know what the CRA has to say about tax matters you can always refer to their website. There is tons of information to be found here, and there is no doubt that they are using as much modern technology as possible to keep the public informed. They have even…
You will most likely be using a lot more technology as your small business becomes established and grows. All too often there is a learning curve that comes with this and more often than not we tend to not scrutinize the legalities of some of these resources. There will always be people that will devote…
More and more people have taken up the operation of a small business from the confines of their home, and more often than not they do this through a website, which is often a E-commerce site. Some do this thinking that because their business is primarily conducted online that it is not subject to…
You finished your taxes for the year, got them in on time, received your assessment and figure that’s the end of this for another year. Some people, don’t even bother to read their assessment, which could end up getting them into tax problems. Even if you sent in any tax that you determined that…
In our previous post we talked about having a business plan and the many purposes it can serve. When done properly it can prove to be a valuable tool for you to help you through the different stages of your business. Another very important use for the Business Plan is to help you obtain financing for…
Many people don’t realize it but if they adopt the attitude of thinking ahead regarding their tax obligations, they could put themselves in a much better tax situation. Normally what happens is once the yearly tax season ends, everyone just wants to forget about their taxes until the next year. Then they run the…
If you are serious about getting your small business off the ground, then you also have to realize that at least at the beginning of it you are going to have to fill many different positions within your small Company. Unless of course, you have a substantial start up budget that is going to allow…
When a business owner is looking to hire staff to help run their business they usually have a set criteria that the potential employees must meet. They want staff that is going to be loyal, enthusiastic about the Company, and willing to learn all the ins and outs of the business as it relates to…
As Canadians we all do our fair share of moaning about the taxes we are expected to pay. For those that own their own business there is a double whammy. They have both the business tax as well as their personal tax to deal with. When it comes to taxes though are we…
We are always promoting that every tax payer should take advantage of any potential tax breaks that they can qualify for. Whether it is ways to reduce your tax rate, or credits that you are missing, or other incentives, they can all add up to give an individual some substantial tax breaks. One of…
