by bbatax | Nov 12, 2024 | Accounting
Navigating taxes can be challenging, especially when balancing both personal and corporate tax obligations. Understanding the distinctions between corporate and personal taxes is crucial for individuals and businesses alike, as each tax type has unique regulations,... 
by bbatax | Oct 31, 2024 | Accounting
As a self-employed professional in Canada, managing your tax return can feel complex and overwhelming, especially with the unique rules and deductions available only to self-employed individuals. With detailed guidance, however, you can approach tax season with... 
by bbatax | Sep 10, 2024 | Accounting
Table of Contents Introduction Importance of Tax Deductions for Small Businesses Maximizing Your Tax Savings in Ottawa 1. Home Office Expenses What You Can Deduct How to Calculate the Deduction 2. Vehicle Expenses Deductible Expenses How to Track Vehicle Expenses 3.... 
by bbatax | Aug 6, 2024 | Accounting
Expense reimbursements are a crucial aspect of financial management for any business owner. They ensure that employees are fairly compensated for expenses incurred while conducting business activities. Proper handling of expense reimbursements not only helps maintain... 
by bbatax | Jul 23, 2024 | Accounting
Running a business involves managing a multitude of financial tasks, from day-to-day bookkeeping to navigating the complexities of corporate taxes. One of the most valuable assets a business can have is a knowledgeable corporate tax accountant. At BBA Tax, we...
