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Wavetaxes

Driver Inc. employers face $250K fines, labour minister warns

Driver Inc. employers face $250K fines, labour minister warns Driver Inc. employers face $250K fines, labour minister warns Trucking companies that use the Driver Inc. business model to misclassify employed truck drivers as independent contractors will face federal fines of up to $250,000, Labour Minister Seamus O’Regan, Jr. announced in Toronto on Nov. 7.Read More

5 Advantages of Virtual Bookkeeping Services

5 Advantages of Virtual Bookkeeping Services Entrepreneurs are frequently overwhelmed by the multiple requirements of maintaining their business while still being lucrative when it comes to running one. As technology develops, remote or virtual bookkeeping services can assist reduce the financial and accounting stress that comes with owning a business. Virtual bookkeeping is used by […]

Online bookkeeping services and the software used

Online bookkeeping services and the software used Your associates and advisors may have suggested a bookkeeping service since you launched your firm and received your first payment. Online bookkeeping services keep the company’s account in order. It’s time to get in touch with professionals to boost business productivity. Recording payables and receivables is simply one […]

Online Bookkeeping Services

Pain Points That Outsourced Online Bookkeeping Services Can Resolve Is your bookkeeping a pain for you to perform each month? For many small business owners handling their bookkeeping is the most distressing part of the month. Keeping up with your bookkeeping is essential to keep your business on track toward its goals. If you feel any […]

Outsourcing Tax Preparation

Outsourcing Tax Preparation: Why CPAs Must Do It? In recent years, we’ve seen an outburst of outsourcing service providers offering CPAs tax preparation services. Several CPA-owned small to medium-sized (and sometimes large) accounting firms choose to outsource tax preparation and bookkeeping. As a result, maintaining accounts, preparing tax returns, and calculating payable taxes become extremely […]

Personal Income Tax

Amounts That Are Not Taxed Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

Personal Income Tax Rates

Personal Income Tax Rates You will find the provincial or territorial tax rates on Form 428 for the respective province or territory (all except Quebec).

Personal Income Tax

Personal Income Tax  Interest and penalties on a balance owing if you file or pay taxes late. How to cancel or waive interest or penalties and when you may be eligible for interest relief.

Paying Your Income Tax By Instalments

Paying Your Income Tax By Instalments Tax instalments are payments you make throughout the year to cover the taxes you normally pay in one lump sum on April 30 of the following year.