Ontario government has recently made an important change to the annual return process for its provincially incorporated business. Starting from October 2021, the Ontario corporation can no longer file its provincial annual return along with the T2 process. Instead, it’s now a separate process that the business owner has to […]
Corporate Tax
3 posts
This page brings you a tutorial video to demonstrate how small business owners calculate payroll taxes (CPP, EI, income tax) and how to pay them to CRA. What you need to know is: Please use this federal government calculator at least once a year. Because the annual personal income tax […]
Should you incorporate my business for better tax efficiency? Download and try our calculator, you’ll know. Please note: If you are on a Mac computer without Excel, you can open it with the Numbers app. This calculator was designed to help Ontario realtors to decide if they should go for […]