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Some tips for E-commerce bookkeeping:
In order to cancel your business registration or dissolve your corporation, you must:
As a business owner, you cannot reduce your remittance of CPP contributions or EI premiums.
It is hard to establish a completely paperless office. But scanning your documents and receipts into a cloud storage system will protect your important records from degradation.
If you have a child who is 18 or over, it Is beneficial to file their tax return.
Interest on money borrowed to make your RRSP contribution is not deductible for tax purposes.
You can claim the following childcare expenses incurred in the tax year: Caregivers, daycare centres and more.
RDSPs are very similar to RESPs. Just like RESP – contributions are not tax-deductible, investment income accumulates on a tax-deferred basis.
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Accounting Plus specialises in cloud driven online accounting solutions, powered by Xero. We are located in Thornhill, Ontario and provide accounting, bookkeeping, tax services and business planning for individuals and businesses.
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