by bbatax | Jun 16, 2025 | Accounting
If you’re a business owner in Canada, the words “CRA audit” can send a shiver down your spine. But here’s the truth: not all audits are cause for panic, and many are preventable. By understanding what triggers an audit from the Canada Revenue Agency (CRA), you... 
by bbatax | Apr 13, 2025 | Accounting
Starting and running a business in Canada is exciting, but one of the first lessons every entrepreneur quickly learns is that taxes are a big part of the journey. Whether you’re launching a small startup in Ottawa or managing an established corporation,... 
by bbatax | Feb 26, 2025 | Accounting
Dividend income is a crucial component of many Canadians’ investment portfolios, providing a steady income stream while offering potential tax advantages. Understanding how dividends are taxed in Canada is essential for optimizing tax efficiency and avoiding... 
by bbatax | Feb 12, 2025 | Accounting
As the year comes to a close, Canadian business owners must take proactive steps to ensure their financial affairs are in order and that they optimize their tax situation. Effective year-end tax planning can help minimize tax liabilities, maximize deductions, and... 
by bbatax | Jan 22, 2025 | Accounting
Filing corporate taxes is a critical responsibility for businesses in Canada. Whether you’re a small business owner or managing a large corporation, navigating the Canada Revenue Agency’s (CRA) corporate tax filing requirements can be complex. However, understanding...
