Hello world!

Introduction: As a small business owner in Canada, it’s essential to be aware of the various tax benefits and deductions available to help optimize your financial situation. One such benefit that can significantly impact your bottom line is the Canadian Small Business Deduction (SBD) – Corporate. In this blog post, we’ll explore what the SBD…

Whether it’s credit card debt or a student or car loan, we’ll show you how to get to zero balance.

Introduction: For small business owners, managing financial records and maintaining accurate books is crucial for success. As your business grows, you may find yourself at a crossroads: Should you continue handling your own bookkeeping tasks, or is it time to outsource to a trusted accounting firm like EO CPA? In this blog post, we’ll explore…

Introduction: When it comes to filing tax returns for your business in Canada, understanding how your business structure impacts your tax obligations is crucial. The legal structure you choose for your business—whether it’s a sole proprietorship, partnership or corporation—affects how your business income is reported and taxed. In this blog post, we’ll explore the relationship…

Introduction: If you’re starting a business or engaging in self-employment activities in Canada, you may be wondering whether you need a Business Number (BN). The Business Number is a unique identifier issued by the Canada Revenue Agency (CRA) to track business-related activities and fulfill tax obligations. In this blog post, we’ll explore the significance of…

Minimize your tax bill with some smart planning that will leave more money in your pocket come April 15.