September 21, 2017

Self Employed Individuals

(1) Reporting your Income & Expenses – Self-employed individuals report their income and expenses on their personal tax return. The net income (after expenses) will be taxable to you regardless of […]
September 21, 2017

Meals and Entertainment Expenses

Business meals and entertainment that qualify for expenses are 50% deductible. If you spend about $500 a month on qualifying business meals and entertainment, or $6,000 […]
September 10, 2017

TIPS TO PREVENT A TAX AUDIT FROM HAPPENING

Here are few tips to prevent a tax audit from happening: Timeliness in filings– Always be prompt and timely in all your filings – corporate, hst/gst, income tax, […]