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Two tax accountants creating business tax assessments at an office.

5 Mistakes to Avoid When Filing Taxes as a Small Business and How a CPA Firm in Edmonton Can Help

 

Tax season is the collective whimper heard around the globe. Filing taxes is a critical process for every business, more so for small businesses.

Managing your business taxes is more than maintaining accuracy and accountability. Tax regulations are complicated, and it's easy to make mistakes when filing returns.

A Summary of the Canadian Government’s Economic Response to COVID-19 for Businesses

The global coronavirus pandemic has gripped the world like few other crises have in the past.  As of May 13, 2020, more than 4.2 million confirmed infections have been reported in at least 187 countries and territories. According to the latest data from the Canadian government, there are a total of 71,157 cases in the country and 5,169 deaths.


Recession is a good opportunity to deal a deathblow to the competitors

Media prices are falling, so advertising becomes more profitable. The combination of low prices on media and weak competition gives companies the opportunity to cheaply grab market share.