Insights – Home
Take Advantage of our Insights and Tax Questions
Human-written quality content, without any AI or Bot assistance, so you can trust!
We attempt to assist our readers by simplifying some of the complex income tax issues in Canada. Occasionally, we answer the general tax questions as well that can help a broader readership of our blog section.
INSIGHTS
Canada Emergency Wage Subsidy – New Rules – July 5 Onwards
NOTE: the Government is proposing to extend the CEWS further until June 2021. Canada Emergency Wage Subsidy (CEWS) has undergone major changes in July 2020. Extension of CEWS until end of 2020 Wage subsidy has
U.S. Canada Cross Border Taxation for Canadian Businesses
How can Canadian businesses operate in the U.S. Choose the right structure and common mistakes to avoid.
Effects of Losing CCPC Status for Corporations in Canada
What is a CCPC and how does a Canadian Corporation lose CCPC status at emigration of its shareholder.
Non-Deferrable Expenses Stream – CEBA
Almost a month ago, in May, the government announced expanded eligibility for Canada Emergency Business Account (CEBA). Previously, only the businesses with a minimum of $20,000 in payroll were eligible. After facing a lot of criticism and
Expanded CEBA Program for Small Businesses
The Government had rolled out its Canada Emergency Business Account (CEBA) to support small businesses due to pandemic. Since the start of the program there has been a much criticism over the “exclusion” of certain
How to setup a corporation in Canada?
Wondering how to incorporate your business in Canada? Let’s find out the general steps involved to set up a corporation in Canada. 1. Decide if you need to incorporate your business? A lot of times