HST is one of the major causes of error on peoples' business taxes. Sometimes they leave money on the table, and other times they underestimate and end up owing the CRA a lot of money. There is no shame in not knowing all the ins and outs! We are happy to help you out wherever you need it.
Last week we saw how $100k in sales could mean up to $30k in taxes at the end of the year... Are you ready for that? There are lots of ways to prepare yourself for tax time, but not everything works for every person or every business. Learn which method is right for you!
This year's tax deadline is fast approaching... Are you ready for your tax bill? If you weren't setting money aside throughout the year, you could be in for a nasty surprise. A business that grosses $100k in revenue each year could owe over $20k come tax time!
Taxes can be very complicated, and this year definitely did not help with that. Between CERB, CRB, RRSPs, home offices, and all the other stuff we normally wonder about, it can be easy to get lost. This week I answer the top 10 tax questions for the year!
