Many businesses are becoming much more involved at trying to cut their business costs. Often the tendency is to reduce the number of workers so the payroll costs can be reduced. This doesn’t always work out too well because there is now a shortage of workers and productivity is reduced. Then what may…
There has been a little flurry of activity in the past week regarding the latest cut to auto insurance benefits. Whenever there is a substantial change for the worse especially there is perhaps some type of protest, but our Ontario Government usually just weathers it out and lets the dust settle. As Ontarians we have…
As an individual under the age of 30 you may have a golden opportunity waiting for you in the world of business. The Ontario government sees this age group as a viable one for investing in when it comes to their starting their own businesses. There are several different funding programs available for Ontario…
You are tired of working for someone else? You and a few friends are well experienced in the construction industry and you see that this industry is booming in Ontario. You don’t want to get caught up in the tax implications when it comes to being a sub contractor so you want to do…
Running one office efficiently and effectively is often all the average small business owner wants to handle. Sometimes out of necessity this isn’t good enough and there is a need for a few offices. This is when it can become daunting and overwhelming for the business owner who likes to keep his thumb on the…
Ontario is very fortunate to have many entrepreneurs that have a lot of excellent ideas. We must keep in mind that these people are our future. The Ontario government is launching a new program geared towards Social entrepreneurs and enterprises. Social entrepreneurs are those whose focus is on dealing with social problems and evoking…
Now that tax time is over some of you may be thinking that you may be hearing from the CRA. At least you should be getting your assessment back. No doubt when the phone rings and the caller says they are from the CRA you are somewhat shocked. However, never having had…
There are many different sub levels in the construction industry and as such this can make the accounting responsibilities much more complicated. Most often the main construction company will hire subcontractors to fulfill various obligations of the projects that they are working on. The Main company making payments to the subcontractors has to keep…
With the CRA becoming more electronically intent it raises the concerns for privacy of the taxpayer. In order to determine whether a program could in fact breach the privacy of its users there is a Privacy Impact Assessment that is supposed to be carried out. There is a lot of public information available regarding the…
Your business tax is done but you have a feeling that you may be up for an audit. This could be because your industry seems to have been targeted recently by the CRA. Or, there could have been some significant changes on the tax return that is going to trigger some concerns that…
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.