The deadline to file your corporate tax return is 6 months after your fiscal yearend date. If you fail to meet this deadline the CRA can...

COVID-19 benefits and your taxes Amounts received related to COVID-19 If you received federal, provincial, or territorial government...

Claiming Motor Vehicle Expenses The best evidence to support the use of a vehicle is an accurate logbook of business travel maintained...

Records are all of your accounting and other financial information documents. These documents must be kept organized. The type of...

Expenses for food and beverages consumed by a long-haul truck driver during an eligible travel period are deductible at 80%. The CRA...

This seems to be the most confusing expense claimed by business owners. The maximum claim for food, beverages, and entertainment expenses...