Identity Crisis: How to Categorize Your Business’s Legal Entity
When it comes to identifying the legal entity of your business, especially at tax time, it’s important to understand what makes you...
Tax Filing for Businesses - Making Tax Payments, and the Consequences if You Fail to Pay Up
The Canada Revenue Agency (CRA) has many collection policies for individuals, businesses and organizations that owe money to the crown....
It pays to claim your vehicle expenses
We all want a healthy tax refund, claiming your vehicle expenses could make a big difference. If you’re using your personal vehicle for...
Paying Your Employee For The Use of Their Personal Vehicle, Per Kilometer
Employers often compensate their employees for the use of an employee’s personal motor vehicle by providing them with a car allowance or...
Tis' The Season For Setting Financial Goals
If you want to achieve a goal, the best place to start is by setting one. The reason for this is that it’s impossible to reach a goal...
To Pay Or Not To Pay - The Rules Of Employment Insurance
The Canada Revenue Agency decides based on four circumstances, whether a person is eligible or not for employment insurance: Remuneration...
Are You Overpaying Your Employees For Holidays?
Managing a company’s payroll is a complex undertaking, no matter who does it. If you or a member of your staff are well trained for the...
