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Check out our Tax Tips with The Mad Accountant
2010, 2022
TTT: Personal Services Business
Running your business as a corporation has lots of benefits, but it exposes you to significant risk if you only have a small number of clients. If you meet certain requirements, you could be classified as a PSB, resulting in paying nearly 45% in corporate tax!
1610, 2022
Special Post: CEBA Repayment Extension Confirmation Example
Are you getting an extension on your CEBA loan repayment? If you are or think you have, you should receive a confirmation that looks something like this one.
1310, 2022
TTT: CEBA Loans and Revised Deadline
CEBA Loans just got a revised deadline. You've got lots of time, but what if you still can't make it? You could end up owing tens of thousands of dollars! Take advantage of the revised deadline and save big.