Underused Housing Tax (UHT) in Canada: What You Need to Know
On June 9, 2022, the federal government enacted the Underused Housing Tax (UHT) Act which applies to all Canadian residential
On June 9, 2022, the federal government enacted the Underused Housing Tax (UHT) Act which applies to all Canadian residential
As a business owner, the decision to buy or lease a vehicle under a corporation in Canada can be complicated
Small business owners can often feel overwhelmed when it comes to managing finances. Keeping track of assets, liabilities, income, expenses,
Filing corporate taxes for your business in Canada can be a daunting task. With the ever-changing tax laws and regulations,
When it comes to taxes, Canadians have a responsibility to keep accurate and complete records. Knowing how long to keep
As a small business owner, you are constantly striving to find ways to either save money or increase profits while
As a business owner, one of the key decisions you need to make is how to pay yourself. The two
Incorporating a business in Canada has various pros and cons. For entrepreneurs looking to start or expand their businesses, understanding
Income splitting is a powerful tool that has been around for some time and can have favourable impacts on tax
A holding company, commonly known as “Holdco,” offers benefits ranging from tax optimization to minimizing risk. It can also be
When it comes to financial statements, you have several options available. One of them is the Notice to Reader (NTR)
Understanding the corporate tax rates and the small business tax rates in Canada is no easy task. There are several
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