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Tax season can be a stressful time for businesses, but with proper preparation and organization, you can ensure a smooth and efficient process. Here are essential steps to prepare your business for tax season

In Canada, capital gains are taxed differently from regular income, such as salary or wages. Only 50% (67% for capital gains of over $250,000 per year.) of your capital gains are subject to tax. This means that if you realize a capital gain, only half of the profit is included in your taxable income.

In Canada, nonprofit organizations (NPOs) play a crucial role in supporting communities, providing services, and addressing various social issues.

As tax season approaches, individuals and small businesses in Canada are looking for ways to optimize their tax refunds. Proper planning and a solid understanding of Canadian tax rules can make a significant difference. Here are some tips to help you maximize your refund this year.

Running a business in Canada comes with numerous financial obligations, and meeting deadlines is crucial to maintaining compliance and avoiding penalties. To help you stay organized, here are key financial deadlines every business owner should know