Running a small business in Ontario comes with various financial responsibilities, such as taxes. Having knowledge about the corporate tax rate Ontario will help entrepreneurs manage their tax payment effectively. …
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Investing in dividend stocks is a great source of passive income, but you need to have some idea of how tax operates. Fortunately, the Canadian dividend tax credit provides investors …
GST Payment Dates 2025: What All Canadian Businesses Need to Know
As 2025 approaches, staying informed about GST payment dates for 2025 is vital for Canadian companies and individuals. The Canada Revenue Agency (CRA) prescribes specific payment deadlines for GST payments …
If you are going to start a business in Canada, you must have an HST number to be in line with Canada Revenue Agency (CRA) requirements. Knowing how to get …
CRA Mileage Rate 2025: What Canadian Business Owners and Self-Employed Professionals Need to Know
For self-employed workers and Canadian business owners, documenting mileage expenses is important for tax deductions. The CRA mileage rate 2025 is one of the main considerations to use when deciding …
Understanding Rent Deductions in Ontario: What Tenants and Business Owners Need to Know
Rent is one of the biggest costs for Ontario residential tenants and business operators. Everyone and businesses ask, is rent tax-deductible in Ontario? While residential tenants have limited deductions, business …
How to Avoid Mistakes on Box 85 of the T4 Slip
Accurate tax filing is crucial for both employees and employers in Canada. A simple mistake on the T4 slip can lead to unwarranted audits or penalties. One place where mistakes …
How to Appeal a Disability Tax Credit Application Denied in Canada
Disability tax credits can be challenging, and receiving a denial makes the process even more complicated. Fortunately, denial decisions can be reevaluated. Many individuals have stared at a CRA letter, …
Estate Planning Checklist: Essential Documents You Need to Prepare
Introduction to Estate Planning Estate planning is not as complicated as it sounds. It is an essential puzzle piece in planning for your future and taking care of your family. …
Master Bookkeeping Basics: Develop Essential Skills with Our Course
Bookkeeping Basics: Key Concepts Are you prepared to step into the realm where everything is financially organized? At first glance, bookkeeping basics may appear to be a difficult task, but …
Capital Gains Tax in Canada: How It Works and What You Need to Know
Capital gains tax is among the Canadian taxation processes in which business organizations and individuals sell property for gain. Whether you are selling shares, land, or an investment that you …
Guide to Crypto Tax in Canada (2025 CRA Rules)
Cryptocurrency is trendy, but most Canadian investors are unaware of how it is taxed. The rules on crypto tax in Canada are changing as the Canada Revenue Agency (CRA) releases …