Resources

TOOLS OF OUR TRADE

RESOURCES & TIPS FOR YOUR BUSINESS

Are you starting a Business?  Make sure you register your Business Name through Service Ontario. 

Employee & Payroll Management:

  • Get all new employees to complete the TD1 and TDON1 forms for their source deductions – EVERY employee should complete these forms each year. 
  • Employee or subcontractor – what you need to know, right HERE.

CRA Consent:

  • Complete the RC59 form so that your Accountant/Bookkeeper can liase with the CRA on your behalf.

 Important Tips to Remember:

  • Know what you can expense; don’t forget to track mileage if you use your vehicle.
  • Keep ALL receipts and note the reason for purchase before you forget.
  • Know your deadlines.  Check out this chart for Individuals, Corporations and Employers
  • Track expenses as of the date incurred, not when paid.
  • Take your taxes very seriously!!