Articles: Small Business Taxes

Last updated: Mar. 29, 2017 Tax Season: How to Prevent an Audit by the CRA If there’s any one time you don’t want to draw attention to your small business or agribusiness it’s during tax season. In addition to ensuring your paperwork is in order and your taxes are prepared correctly, a growing number of business … Read more

Last updated: Oct. 30, 2013 As a small business owner you’re faced with many rules and regulations, not just government, but also for your specific trade or profession. It can often be overwhelming trying to keep track of all the requirements. Here’s a short list of 5 things that you can be aware of to ensure … Read more

Last updated: Jul. 11, 2013 CRA is mailing Notice of Assessments to taxpayers and small businesses and there are many that have attracted the attention of CRA to be selected for audit. In fact, in the future, there will be more audits and more focus on compliance and collecting tax debt. The Canadian Revenue Agency (CRA) … Read more

Last updated: Jun. 12, 2013 You have your business up and running, perhaps as a sole proprietorship or a partnership and are now seeing some growth and profit. You may be wondering if you should now incorporate your business. Advantages and Disadvantages of Various Business Structures The following is a list of possible advantages and disadvantages … Read more