Many companies today have a presence online or they are conducting business completely online. While that’s great for increasing sales and profits, it does pose many tax issues. This article discusses current issues related to tax for online businesses in Canada.
What are the benefits of incorporating in Canada? As a Chartered Accountant and Tax Expert in Mississauga, Ontario, Canada, I am aware of many benefits of incorporating your business, which are discussed in detail below.
If your business is incorporated and based outside Quebec, you have a unique tax saving opportunity. It’s a Health Spending Account, sometimes called a PHSP, and it allows your company to reimburse you and employees’ out-of-pocket medical expenses, tax free.
Learn about the 10 best tax tips on How to Save Corporate taxes in Canada through this 10 minute video, presented by Allan Madan (Accountant in Toronto & Mississauga). It’s the best investment of time you’ll ever make
Français As a business owner, have you ever wondered whether it’s more tax efficient to lease or buy an automobile? Seeing that an automobile is one of the biggest purchases that you’ll make, it’s important to get this decision right. As an Accountant Toronto, I will discuss the tax consequences of leasing vs. buying an … Continue reading Accountant Toronto Discusses Leasing vs. Buying Automobile