If you are claiming automobile expenses for business purposes you need to keep accurate records in order to avoid having amounts claimed disallowed by Canada Revenue Agency.
Chartered Professional Accountant, Certified General Accountant
If you are claiming automobile expenses for business purposes you need to keep accurate records in order to avoid having amounts claimed disallowed by Canada Revenue Agency.
The Barrhaven Independent has published a Business Profile article about us, after clicking the read more link you can use the link below the article to have it appear fullscreen.
Small businesses which are currently receiving $300 to $1,000.00 from the Ontario Government to help with the HST transition, please be aware that the amounts are taxable and must be included as revenue for the company.
Failure to file T1135 regarding all foreign held properties including shares in foreign companies may result in CRA charging you penalties of $25 per day to a maximum of 100 days until the form has been filed.
Stay informed about breaking tax issues
Stay informed about breaking tax issues