Background on Director’s Liability for Taxes: Involving the liability of directors for unremitted GST/HST, the Tax Court of Canada recently decided a case. In general, for a variety of corporate liabilities a corporation’s directors can be held personally liable...
Tax Obligations of Amazon Seller Taxes and death are inevitable. In Canada, a business owner must understand and fulfil his tax related obligations in number of ways. Not only filing of those tax returns is important, but timely payment is also important to avoid...
How to Manage Amazon Finances: Anyone with an internet connection and a little time can now shop on Amazon or similar e-commerce platforms like ebay, Etsy etc. This boom in online buying has boosted e-commerce entrepreneurship. However, with more business comes more...
Should you Incorporate Your Small Business? This is a question that many small business owners ask at various stages of their entrepreneurship journey. The answer is not as simple as it is thought. There are a number of factors to be considered before arriving at any...
Small business owner takes a number of decisions day-in and day-out. However, there are few decisions that demand significant thought process because they influence a long term impact on the cashflows, tax liability and eventual growth of the business. One of those...
ONTARIO SMALL BUSINESS SUPPORT GRANT As the recession hits the world due to pandemics, the government of different states announced different support schemes for small startups (the ones having little revenue or even the ones that are suffering an extreme...
