Records Retention If you run your own business, you are required to retain books and records that relate to a specific taxation year for a…
When Your Children Work for Your Business If your children help you run your business, you can pay them a reasonable salary and deduct it…
Home Office Expenses The income tax rules related to home office expenses (technically called “work-space-in-the-home expenses”) are similar for self-employed individuals and non-commissioned employees as…
Why File a Personal Income Return? Why fill out a tax return if you have no taxable income for 2015? You might be eligible for the…
If you are a person carrying on a business (individual, partnership, corporation, registered charity, trust etc.) and are required to pay or…