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Congratulations, you have decided to take a difficult and bold decision to start your business which opens the doors for potential big rewards. Of course,
Corporate Law: Ontario removes director residency requirement & reliefs shareholder resolutions in writing -making it easy to incorporate & operate in Ontario
Our account department specializes in small and medium-sized businesses. Preparing Corporate Tax Returns is our specialty. We have a system in place that allows us
Various tax planning and income-splitting strategies can be used by incorporated and non-incorporated businesses to lower the tax bill.
Incorporating as a Personal Real Estate Corporation (PREC) is the first step of tax planning for a realtor, not the end. A realtor must have at least a basic understanding of what expenses are allowed under tax law!
Medical doctor services are generally exempt from HST/GST under the Excise Tax Act. However, physicians provide certain services that fall beyond the scope of “medical services”, and these services are subject to HST/GST.
In this article, we will briefly discuss the taxable supplies and the exempt supplies for physicians.
Personal income tax (T1) return: You need to file a personal (T1) return, also knows as Income Tax & Benefit return, if you: 1. Have
Filling deadlines: For Personal Returns (T1): For individuals (T1 Return): April 30th If taxpayer or spouse (or common-law partner) carried on a business (self-employed): June
Every-time real estate property use is changed (residential/commercial), there is tax implication and potential tax liabilities. Here is how it works.
In the year of bankruptcy, you might need to file different returns, including pre-bankruptcy, in- bankruptcy, and post-bankruptcy returns. Any refunds issued on your returns are sent to your trustee by the CRA.
