Corporate Tax Deadline

A friendly reminder to all corporations that you are required to pay your taxes no later than 2 months after your year-end. If your company is a Canadian Controlled Private Company with Active Business Income and has claimed a Small Business Deduction in either the...

4 Key Strategies for Managing Growth

This article is provided by the Business Development Bank of Canada (BDC) , which offers loans, consulting services, growth and business transition capital, securitization, as well as venture capital to more than 30,000 small and medium-sized companies....

T-Slip Deadline

The deadline for T4-prefix slips is normally the last day of February following the calendar year to which the income relates (ie. T4, T4A, T4A-RCA, T4PS, T4RIF, T4RSP and T215). The deadline for T5-prefix slips is normally the last day of February following the...

Keeping Business Records in an Electronic Age

All businesses operating in Canada, from multinational corporations to the smallest start-up, are required to keep business records recording their income, expenses, and, ultimately, the profits on which they will be taxed. Traditional formats such as paper ledgers...