Business & Corporate TaxFAQs

I am a sole proprietor and am selling my business. Can I use the lifetime capital gains exemption of $800,000?

I often take clients to a sports or entertainment event and provide gifts to maintain client relationships. Will these costs be considered fully deductible or 50% deductible?

How do I determine which GST/HST rate to charge when I sell to multiple provinces in Canada?

I didn’t register for WSIB even though it was compulsory. What should I do?

What are the tax implications of my corporation paying critical illness premiums for me? What if I pay them personally?

What is the benefit of registering for GST/HST voluntarily?

What is the role of an Ontario agent appointed by a Foreign corporation?

Can I deduct research expenses relating to starting a new business?

Can I add a shareholder to my corporation at any point in time?

Can my company declare a bonus to reduce taxes?