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Tax Articles

Changing From Sole Proprietorship to Partnership

Victoria E. Turnbull
By Victoria E. Turnbull

The Journey from Sole Proprietorship to Partnership

If you are thinking of switching from a Sole Proprietorship to a Partnership, there are a few things to keep in mind. The change will have an effect on the financials, management, and operations. The following article will focus on the key steps that must be...READ FULL STORY »

How to Get A Small Business Loan

Victoria E. Turnbull
By Victoria E. Turnbull

How to Get A Small Business Loan

Getting a business loan is not as simple as walking into a bank and asking for a loan. Although you can apply for a number of loans through your bank, there are several government programs that you should also explore. READ FULL STORY »

How to Write Off Business Expenses

Victoria E. Turnbull
By Victoria E. Turnbull
How To Write Off Business Expenses Many people think that once they own a business, anything they have can be ‘written-off’ simply by collecting a receipt. However, not every expense can be 'written-off'. According to the CRA, a business owner may deduct any reasonable current expenses that h...READ FULL STORY »

Small Business Planning and What’s Needed

Victoria E. Turnbull
By Victoria E. Turnbull

Small Business Planning and What’s Needed

So you’ve decided to start your own business in Ontario, but you’re not sure how to go from your great idea to being in business. This article will give you a list of helpful information and links that can help guide you on your business start-up journey.

T...READ FULL STORY »

WSIB. Who needs it?

Victoria E. Turnbull
By Victoria E. Turnbull

WSIB

Workplace insurance coverage. Who needs it? Who doesn’t? Most businesses in Ontario must register with WSIB within 10 days of hiring their first employee. WSIB provides workplace insurance coverage for all of your workers. There are few industries that do not need to register such as banks, insu...READ FULL STORY »

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