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small business accountant Mississauga

Best Practices for Financial Success: Pro Tips from a Trusted Small Business Accountant Mississauga

small business accountant Mississauga

Running a small business comes with unique challenges. From managing cash flow to staying compliant with tax obligations, the journey requires careful planning and strategy. For many small business owners, implementing the right accounting practices can mean the difference between smooth operations and financial chaos. By adopting these best practices, you can gain a clear picture of your business’s financial health and identify areas for growth. Partnering with an experienced small business accountant in Mississauga, like Madan CPA, can help simplify this process, reduce financial stress, and allow you to focus on growing your business. Read More

by MadanCA Team on November 16, 2024 @ 5:40 pm

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Tax implications of Canadian investment in Florida rentals.

Thinking of making an investment in the sunshine state? Learn more about investing in a Florida rental property as a Canadian.

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Reducing withholding taxes on U.S. property sales.

Are you selling or thinking about selling U.S. real estate? Read further to find out how Canadian sellers can reduce withholding taxes on the sale of U.S. property.

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Reporting requirements for U.S. rental property sales.

Are you planning to sell a rental property in the U.S.? If yes, learn how to report the sale of your rental property on a U.S. Tax Return now.

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Guide to preparing 1040-NR for U.S. rental properties.

Want to know how to prepare Schedule E and form 4562? In part 1, I showed you how to prepare a 1040-NR Tax Return for your U.S. rental property. In this final part, I will cover Schedule E and form 4562.

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How to prepare 1040-NR tax returns for U.S. rentals.

Français   Are you a Canadian investor in US real estate? If yes, then this video is meant for you. I will show you how to prepare a 1040-NR Tax Return for your US rental property. This video is part one of a two-part series. In part 1, I will cover form 1040-NR and in … Continue reading How to prepare 1040-NR tax returns for U.S. rentals.

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Preparing business taxes for self-employed individuals.

Français   Find out how to complete form T2125, the Statement of Business Activities Part 2 in 3 easy steps. This is meant for self-employed individuals who would like to complete their tax return independently on specific sections, including home-office expenses, vehicle expenses, and Capital Cost Allowance.

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Introductory guide to business taxes for the self-employed.

Français Find out how to complete form T2125, the Statement of Business Activities Part 1 in 6 easy steps. This is meant for self-employed individuals who would like to complete their tax return independently on specific sections, including home-office expenses, vehicle expenses, and Capital Cost Allowance.

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How to Prepare a Rental Form

Français Find out how you can prepare a Statement of Real Estate Rental Form T776 as part of your personal tax filing. This is meant for investors that own rental properties in Canada and would like to file their tax returns independently.

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How to Prepare a T4 Slip

Français What is a T4 slip? A T4 slip reports salary and wages paid by a Canadian corporation to its employees.  In order to prepare a T4 slip, you must follow these 12 easy steps below.

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How to Prepare a T5 Slip

Français A T5 slip reports dividends paid by a Canadian corporation to its shareholder(s). In order to prepare a T5 slip, you must follow these 8 easy steps below.

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