Financial statements are crucial tools that provide a snapshot of an organization’s financial health and performance. Among various types of financial statements, “compiled financial statements”,…
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Contractors, who are GST/HST registrants, collect GST/HST on behalf of the applicable government entity. A contractor, carrying on business in Canada, must register for GST/HST…
In an effort to keep up with the ever-evolving landscape of digital products and services, the CRA released Notice 332 on January 16, 2021. This…
As a manager or business owner, prioritizing the mental health of your employees is not just a moral imperative but it can also be your…
As of January 1, 2022, the Underused Housing Tax Act, or UHT Act, was put into effect in Canada. This new act applies to some…