by bbatax | Jul 16, 2026 | Accounting
T4A Slips in Canada: When Your Business Must File for Subcontractors If your business pays contractors, freelancers, or other self-employed workers, you may have a CRA reporting obligation you did not know about. The T4A slip is how businesses report fees paid for...
by bbatax | Jul 11, 2026 | Accounting
GST/HST Quick Method in Canada: Could Your Business Save Thousands? One of the most overlooked tax-saving tools for Canadian small businesses is hiding in plain sight on your GST/HST return. The GST/HST Quick Method is a simplified way to calculate what you owe the...
by bbatax | Jun 29, 2026 | Accounting
SR&ED Tax Credit in Canada: How Small Businesses Claim It in 2026 The SR&ED tax credit is the single largest source of federal innovation funding for Canadian businesses, putting billions of dollars back into companies that solve technical problems each...
by bbatax | Jun 29, 2026 | Accounting
CRA Tax Instalments in 2026: Who Has to Pay and How to Avoid Interest If the Canada Revenue Agency has sent you an instalment reminder, you are not being audited and you have not done anything wrong. CRA tax instalments are simply periodic pre-payments of income tax...
by bbatax | May 21, 2026 | Accounting
Hiring your first employee in Canada — whether you run a small business in Ottawa, Kanata, or anywhere else in the country — means you become a CRA payroll account holder, a source-deduction collector, and a year-end T4 issuer all at once. Getting small business...
