It seems as though tax season just ended, but it's never to late to start thinking about next year. In fact, you will have an easier time of it if you prepare all year for your taxes.
One of the best ways to prepare for your taxes as a small business is to keep track of your business expenses throughout the year. Many of these business expenses are tax-deductible, meaning that the Canadian Revenue Agency will let you deduct them from your income at tax time. So, keep track throughout the year, and you could reap the benefits. ... Read more