A lot of your time is consumed when owning a business. At least in the beginning, when you may be the only worker or only have one or two individuals working for you, then you may be working a lot harder. Most likely you spend your 8 or 10 hours at your business establishment…
As a small or new business owner you are now faced with a lot of administrative tasks. Included in these is your obligation to the CRA, which goes beyond just your yearly tax remittance. If you have employees then you have a set amount of rules that you must follow diligently regarding the…
Some people love the fact that they can automate their administrative duties a great deal, while others are from the old school and like to see this type of data in a hard copy on paper. The general trend is to become paperless as much as possible, and even the CRA is promoting this by…
Nobody really likes to have to deal with the CRA outside of submitting their taxes once a year, then reviewing their assessment and hoping that all is in order until the next tax year rolls around. In some cases though, it is not that simple. It is not unusual for tax payers do not agree with their…
If you have ever had to deal with the CRA especially by telephone it can become one of the most frustrating telephone calls you may have ever made. First you have to determine if you are calling about a business or personal account. There are specific departments for each of these. Most often the average…
Building a business is not something that is done overnight and any long standing business owner will most likely tell you that their business demanded many years of their time over the years. Often small business owners begin their business with the hopes of it becoming a family business that will thrive and be able…
When you are operating a small business there never seems to be enough time in the day or enough hands to get everything done. The three main areas of your Company that is non stop in its demands are your operational duties, administrative duties, and your financials. By keeping these separated in regards to…
There are so many things that we take for granted when it comes to our personal expenses that we tend to not give them much thought. For example, it is well known that it costs money to go out and make a living everyday. The tax department realizes this and has made some attempts…
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.