All items tagged with: Small Business
Posted in: Strategic Thinking , self-employed, Small Business, proprietorship taxes, tax filing deadlines, tax preparation for proprietorships, entrepreneur, proprietor, June 15, Apri 30
With a little under two weeks until the April 30 filing deadline for individuals, tax filing season is in full swing. However, there is another upcoming date to think about: the June 17 filing deadline for proprietors. If there is a balance due, it’s best for all taxpayers to file and pay by April 30 in order to avoid interest costs.
Posted in: Strategic Thinking , tax credits, Evelyn Jacks, basic personal amount, refundable tax credits, Manitoba budget, provincial budget, provincial budget 2019, Manitoba Budget 2019, primary caregiver tax credit, pension income amount, veterans well-being act, small business income limit, small business venture capital tax credit, Manitoba book publishing tax credit, cultural industries printing tax credit, film and video production tax credit, manufacturing investment tax credit, expanded fuel tax exemption for forestry, Manitoba Income Tax rates, provincial income tax rates
It’s 2019 Budget Season and there is lots of news. In Manitoba it was particularly good news on budget day on March 7, following B.C. on February 19. Meanwhile our two northern territories, the Northwest Territories and Yukon announced theirs on February 6 and March 7 respectively. What are the details? Read on! Then, don’t miss the Knowledge Bureau Special Federal March 19 Budget Report next week.
Posted in: Strategic Thinking , tax preparation, Small Business, tax filing, tax forms, entrepreneur, business tax, passive investment income, TOSI, Tax on Split Income, tax education for business owners
A newly updated certificate tax course focused on the dramatic changes to tax planning for corporate owner-managers is launching today. It’s so important that its updater, Dr. Dean Smith of Cadesky Tax says that advisors who do not understand these rules may very well cause harm to their clients. Here’s why:
Posted in: Strategic Thinking , CRA, Canada Revenue Agency, Small Business, tax courses, cra business services, Canadian economy, entrepreneur, Auditor General Report, CRA service standards, CRA business enquiries
On the heels of recent criticisms by the Auditor General, Knowledge Bureau Report readers weighed in on CRA service levels and they were conclusive: 87% of last month’s poll respondents say that the CRA needs to work harder. They cited a myriad of issues from 32-week wait times for a T1 Adjustment to the need to correct CRA’s errors, some of them big.
Posted in: Strategic Thinking , Bookkeeping, entrepreneur, bookkeeper, Bookkeeping for Small Business, business owner, U.K. study, audit-proof tax, Online Bookkeeping Courses
Even in a DIY culture, there are benefits to hired help – especially when it comes to bookkeeping for small businesses. A recent U.K. study showed just how much it costs business owners who choose to go it alone without essential education and training in professional documentation techniques.
Posted in: Strategic Thinking , DAC, Human rights, Small Business, disability awareness week, entrepreneur, Business Builder Retreat, business law, Philippe Richer, business owner, business liabilities, accomodating addiction, Executive Business Growth Specialist
Cannabis problems at work? It’s one grey area that remains following Canada’s recent marijuana legalization, and employers need to know their obligations with regard to accommodating employees with addictions. Lawyer Philippe Richer weighs in on this important employment issue, which he says is the single largest area of potential liability for businesses.