Home office expenses incurred during COVID-2019
Temporary Flat Rate VS Detailed Method If you were asked to work from home last year as a result of COVID-19, you may be wondering how you should claim a deduction for home office expense on…
Triple M Accounting records 5-star rated review on Clutch
Why is accounting important for your business? Accounting plays an important role in business operations because it helps you track income and expenditures, and ensure statutory compliance.
All you need to know about Voluntary Disclosure to CRA
Overview Voluntary Disclosure Program (VDP) is a compliance measure that allows taxpayers to correct mistakes on their previously filed taxes such as disclosing information regarding unreported…
Residency requirement for directors of Ontario corporations has been removed
Overview Effective July 5, 2021, businesses incorporated under Ontario’s Business Corporations Act (OBCA) will no longer be required to have at…
Tax updates: New GST/HS Tregulations for digital economy businesses
Revenue Canada has introduced new GST/HST regulations for digital economy businesses as of July 1, 2021. Digital business such as music or video…
