Understanding Business Travel Expenses: What’s Tax-Deductible
December 14, 2024
Business expenses are vital for the successful operation of any business. In Canada, specific rules govern what qualifies as tax-deductible
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Business expenses are vital for the successful operation of any business. In Canada, specific rules govern what qualifies as tax-deductible
A corporation is required to file its corporate tax return (T2 return) with the CRA within six months of its
As you generate investment income through a Canadian corporation, it is imperative to understand how to manage it tax-efficiently to
Section 87 allows Canadian corporations to merge on a tax-deferred basis, reducing costs, simplifying administration, and achieving tax planning goals.
Whether to buy or lease a car for your Canadian corporation depends on various factors and personal preferences, such as
Effective June 20, 2024, the Government of Canada has designated Psychotherapy and Counseling Therapy Services HST/GST exempt. While this makes
One of the most common questions among corporation owners is whether to purchase vehicles under the company’s name or personally.
A family trust is a powerful tool for tax and estate planning. By setting up a trust, you can reduce
As a purchaser of new residential rental property in Ontario, you may be eligible to claim a rebate on a
