Tax Blog

Top 10 Tax Deductions for Small Business Owners in Canada (2025 Update) Running a small business in Canada? Then you know how important it is to hold on to every dollar you earn. The good news is, the CRA offers a variety of tax deductions that can significantly lower your taxable income — if you […]

Can’t Pay Your CRA Tax Bill? Here’s What to Do (2025 Guide) Got hit with a bigger tax bill than expected? You’re not the only one. Each year, thousands of Canadians find themselves owing the CRA more than they can afford to pay. And while it can feel stressful, there are clear steps you can

Why Corporate Tax Planning Is Essential? (Explained Simply) Do you think corporate tax planning is just boring paperwork? That belief might be costing you dearly. Proactive planning is often the key lever separating stagnant businesses from those growing strategically. Ignoring it isn’t just risky; it’s plain expensive. This simple guide cuts through the noise to

Deadline Approaching? How to Pay Corporate Taxes Online Tax season got you down? Feeling that creeping dread as the corporate tax deadline gets closer? You’re definitely not alone. Many business owners find themselves scrambling at the last minute, trying to figure out the online payment system. But what if paying your corporate taxes online could

What Is the Rate for Corporation Tax in Canada? A Comprehensive Guide Are you leaving money on the table? Many businesses overpay taxes. It happens. You need to know the right rate. Figuring out corporation tax in Canada seems tough. We make it simple. This guide gives you the inside track on current rates, provincial

When Are Corporate Taxes Due in Canada? The Deadline Calendar for Businesses Miss a tax deadline? That’s a gut punch. You see numbers flashing red, penalties stacking up. It’s a common headache, but it doesn’t have to be. We’ll cut through the noise and give you a clear roadmap. No more guessing. Key corporate tax

Tax Updates for 2025: What Every Canadian Needs to Know NOW! Tax season’s here, and you’re probably wondering, “Am I missing something?” You’re right to ask. With rising costs, every dollar counts. Did you know the CRA issued over 19 million refunds last year? That’s a lot of money left on the table. We’ll show

How Much Does a Bookkeeper Cost: Hourly Rates & Pricing Models Ever wonder if you’re overpaying for bookkeeping? Or maybe underpaying and getting less than stellar service? Finding the right balance is key. It impacts your bottom line. It impacts your peace of mind. Getting it wrong can cost you more than just money. This

How to Report Crypto on Taxes: A Simple Guide for Canadians Crypto. It’s not just digital cash anymore. It’s an investment, a trade, and—come tax season—a potential headache. Are you wondering how your Bitcoin gains or Ethereum trades fit into your Canadian tax return? Many Canadians are still not sure about reporting digital assets. This

How To Cash Out Crypto Without Paying Taxes in Canada: The Ultimate Guide Cashing out crypto in Canada can feel like navigating a minefield of tax regulations. You’ve made some gains (or maybe you’re just trying to recoup your initial investment), and now the taxman cometh. Nobody wants to hand over more than they have