What Should Your Business Plan Include? Dissecting the Essentials
Preparing a good business plan is a time-consuming task that requires dedication and far-sightedness. Many entrepreneurs choose not to craft a business plan before going ahead...
How to Explain Business Concept in a Business Plan Clearly
Your business plan is incomplete without a clear business concept. If you don’t highlight what your business is about, your plan is missing its key component; business...
Income Tax Return 2019 – Canada
Income Tax Return filing opens on February 24, 2020 08:30 AM in Canada.
Are you expecting an income tax refund from Canada Revenue Agency, start filing your taxes earlier and...
Income taxes for non-residents on Rental Income from Canada
Rental income is the income from renting a real or movable property in Canada which you own or have use of. Rental Income can be income from renting an apartment, house,...
How to issue Dividend in Canada? a quick reference guide for CCPCs
Dividends are paid from the after-tax income of the corporations to shareholders. Whether you want to withdraw the salary from your corporation or pay dividends to yourself,...
Year End Tax Planning Guide for Businesses in Canada
Businesses and their managers can optimize their corporate business taxes using below simple and effective planning strategies in Canada:
Caution: Below post explores tax...
Tax Tips: Newcomers (Immigrants) to Canada
Canada taxes its residents on the worldwide income.
You become a resident of Canada when you establish residential ties with Canada. The year in which you become a resident of...
Tax Tips: If you are leaving Canada
If you have been a resident of Canada and decide to leave Canada, you must review your assets, income, and income tax obligations. Leaving Canada is often referred to as...
Tax residency in Canada – Common Questions
Canada taxes its residents on worldwide income.
When a person (individual) moves to Canada (Immigrate) or moves out of Canada (emigrate) he is considered to be a part-year...
Personal Taxes Checklist – Canada 2019
Personal Income tax and benefit returns (T1) efiling will be opening on February 24, 2020 for the tax year 2019.
Though the electronic filing of personal taxes is starting from...
Start a Business in Canada in 15 Easy Steps
Bored by your 9 to 5 work life?
Is there an inner voice urging you to escape the mundane professional life, the grunts of your boss? Is your mind innovative enough to...
5 Ways to Strengthen Financial Section of Your Business Plan
No doubt, the Financial section is one of the most critical areas of the business plan writing process!
You should not be surprised if you gave your business plan to someone...