Boost your small business digital strategy with the Canada Digital Adoption Program (CDAP)
Boost your small business digital strategy with the Canada Digital Adoption Program (CDAP) In March of 2022, the Canada Digital Adoption Program (CDAP) was announced by the federal government. As part of Budget 2021, the $4 billion investment is dedicated to supporting small businesses through access to micro-grants, loans, and a network of professionals ready
Read MoreWhat are the Pros & Cons of Incorporating Your Business in 2023?
What are the Pros & Cons of Incorporating Your Business in 2023? If you are starting up a small business, you might be wondering how you should structure your company? Whether you should incorporate your business or opt for a sole proprietorship in Canada? At some point or another, you may decide to incorporate your
Read MoreWhat Financial Statements Does A Small Business Need in Canada?
What Financial Statements Does A Small Business Need in Canada? Financial statements are a key tool for running your business. A financial statement is a formal set of record of a company’s financial status at a specific point in time. These plans give a current landscape of your small business and forecast the future vision
Read MoreHow To Pay Yourself As A Business Owner In Canada? Salary Vs. Dividends
How To Pay Yourself As A Business Owner In Canada? Salary Vs. Dividends As an owner of a small business in Canada, you have an option to choose between dividends or salary as your main form of income or have a mix of both. While there’s no right or wrong answer, the option you choose
Read MoreStill Working From Home? – Breaking Down The Implications Of Remote Work On Taxes
During global COVID-19 pandemic, employers have embraced an environment where employees work from home. With the opportunity to work from home, some Canadians are taking the opportunity to work from anywhere. For some that means working from the cottage or working from a foreign location. While this has been a great opportunity for employees and employers alike, there’s just one catch: understanding the impact of working remotely on taxes. In this article, we will explain where Canadian remote workers pay taxes and the unique tax implications of working remotely.
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