Taxes

What Is a Small to Medium-Sized Enterprise (SME) in Canada?

Learn what a small to medium-sized enterprise is defined as in Canada, and see if this definition applies to your small business.

Read more
Taxes

Understanding the First-time Donor Super Credit for Charitable Donations

Learn the basics of charitable donation credits and the advantages of the first-time donor super credit.

Read more
Taxes

Throw a Party, Claim a Deduction

Learn the tax rules for the deduction of food, meals, and entertainment associated with employer-sponsored events and office parties in Cana

Read more
Taxes

Understanding Tax Obligations for Your Holiday Rental Property

Check out your tax obligations when you rent out a property on AirBnB, VRBO or a similar site. Review the basics of rental income and expens

Read more
Taxes

Are Canadian Businesses Subject to Canada Revenue Agency Audits?

Discover when the Canada Revenue Agency may audit a business and what is likely to occur during an audit of a business.

Read more
Taxes

Claiming the Lifetime Capital Gains Exemption for Your Small Business

Learn how small business corporations can qualify for and claim the lifetime capital gains deduction under the Canada Revenue Agency rules.

Read more
Taxes

What is Excise Duty?

Find out what an excise tax is and how a high excise duty may affect businesses that produce certain products.

Read more
Taxes

Tax for Small Business Owners: Business Use of Home

Learn the basic rules for deducting business-use-of-home expenses when you run a small business from your home.

Read more