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...
All About Small Business Tax Filing To help make the filing process less stressful, We have provided some important tax deadlines and information about Small Business Tax Filing the 2020 tax return, and more. Here’s what you need to know for filing your 2020 tax...
Bill C-9 in respect of #CEWS and #CERS (the new rent subsidy) has been released: CEWS Following is included as the change to the top-up subsidy revenue decline calculation, and the freezing of period 8 CEWS calculations through to period 10. The legislation generally...
1. Claiming RRSP Contributions at the Wrong Time: The first most common personal tax mistake is claiming RRSP contributions in the wrong period. It’s very important that any contributions made in the first 60 days of 2020 be reported on your 2019 tax return. While you...
For Post-secondary students and recent graduates. Canada made changes to the Canada Student Loans Program (CSLP) to allow more students to qualify for support and be eligible for greater amounts. Read Also: five most commonly asked questions about HST The changes...
