9 Tips You Should Know Before Filing Canadian Taxes
9 Tips You Should Know Before Filing Canadian Taxes Well, it’s officially tax season again! Which means there are a lot of business owners trying to get their business paperwork together so that you can file your personal taxes. As a tax preparer, there...
5 Things Your Tax Preparer Knows that You Don’t
5 Things Your Tax Preparer Knows that You Don’t For better or worse, we humans are adept at making assumptions and trusting others, including when it comes to our tax preparer. On a daily basis, we not only interact with dozens of other people doing their jobs, but we...
Why You Shouldn’t Skip Your Taxes When You Owe the CRA
Why You Shouldn’t Skip Your Taxes When You Owe the CRA Owing the CRA happens when you’re in business. No brainer, right? It is, once you learn that this is how the system works. For new, inexperienced solopreneurs in particular – such as those with home-based...
5 Mistakes New Business Owners Make With Their Taxes
5 Mistakes New Business Owners Make With Their Taxes It’s a lesson that every business owner has to learn. For some, it comes after the first year in business when the realize they weren’t prepared, or after a few years of struggling to stay afloat....
A Trust Exam With the CRA: What to Expect
A Trust Exam With the CRA: What to Expect Simply defined, a Trust Exam is when the Canada Revenue Agency sends someone out to look at how you’ve handled your Trust Money. That is, payroll and GST remittances that you’re holding in trust for those government taxes you...