Running a successful business requires more than just a great product or service—it also demands diligent financial management. For Canadian entrepreneurs, understanding and avoiding common accounting mistakes is crucial for maintaining financial stability and fostering long-term growth.

Tax season is a stressful time for many Canadians - well, anybody really, but it doesn't have to be. With the right preparation and understanding of the process, filing taxes can be an easy and efficient process.  From understanding the tax deadlines to claiming eligible deductions and credits, this guide provides Canadians with the essential tips and resources to make tax time easier. 

Take the time to understand the tax implications of owning a rental property in Canada and be sure to
take advantage of all the deductions and credits available to you. Doing so can help you maximize your
return on investment and ensure you follow all tax laws and regulations.

Find out what's new for the 2021 tax season and your filing and payment due dates. Begin by gathering your documents to report income and claim deductions, and choose how you want to file and send your completed tax return to the CRA. You can find our 2021 Tax Checklist at the end of this email, free to download!