a woman looks at her mileage app while exiting her car

How to keep a CRA mileage log for vehicle expenses

If you’re self-employed and using your vehicle for business use, are you keeping a mileage log? If you’re audited by the Canada Revenue Agency (CRA), and you don’t have one, the CRA could reject your claims for motor vehicle expenses. Avoid CRA scrutiny with our tips and tricks on keeping a mileage log.

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Our top picks for August 2019

We list our favourite picks from around the web that offer inspiration, advice and interesting information for small businesses.

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Selling your small business: Share sale vs asset sale

If you’re selling your small business, is it better to do a share sale or an asset sale?

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Our favourite small business podcast episodes from July 2019

We list our favourite podcasts from the month that offer inspiration, advice and interesting information for small businesses.

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What you need to know about your Notice of Assessment

After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.

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7 simple ways to organize your receipts

Does the thought of organizing your receipts fill you with dread? We get it. It can seem overwhelming to keep track of your receipts on top of the busy demands of running your own business. But putting in the work now means you’ll save time when it comes to filing your taxes.

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Choosing the right business structure

Choosing the right structure for your business can have implications on taxation, liability, and succession planning.

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What Are the Canadian Tax Responsibilities when Closing a Business?

There are a lot of steps you need to take when closing your business. Not knowing what the tax obligations are could end up costing you a lot of money.

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Tax Tips for Bringing Personal Assets into a Business

Tax Tips for Bringing Personal Assets into a Business

Transferring personal assets into a small business is not uncommon, but there are a number of costly tax implications that follow these types of transfers.

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"Let no feeling of discouragement prey upon you, and in the end you are sure to succeed." — Abraham Lincoln