Thinking Ahead: Strategies for Reducing Corporate Taxes and Boosting Your Bottom Line
Stay updated with current accounting standards, business compliance, tax preparation tips, and latest news.
04 May 2023
The tax system in Canada is constantly being updated and it can be difficult to stay up to date! Implementing effective tax strategies can help reduce corporate taxes while boosting the bottom line. However, most people wait until the last minute to review their tax credits and potential deductions. Knowing what you're entitled to from the start can help you recall what receipts and evidence you'll need to claim expenditures later.We've created a list of deductions, credits, and other helpful hints to help you reduce your tax liability and maximize your refund.