
Shareholder Loans in Canada: Tax Rules, Repayment Deadlines & CRA Compliance
A shareholder loan is one of the most useful tools available to a Canadian business owner: it lets you access corporate funds without an immediate tax hit. But
Our expertise helps our clients understand how new tax regulations affects their business
Curious to know how the Canadian tax system applies to OnlyFans (OF)? Generally, you are responsible for paying your portion of income tax if you have joined OnlyFans as a performer and have begun earning money.

A shareholder loan is one of the most useful tools available to a Canadian business owner: it lets you access corporate funds without an immediate tax hit. But

Article Key Takeaways: Why outsourced accounting is important for your small business What an outsourced accountant can do for your business Outsourcing refers to dedicating a certain

Article Key Takeaways: Potential causes for cash flow mistakes Solutions business owners can seek for their cash flow mistakes How to avoid cash flow mistakes Owners of

We all know that starting a small business is not a simple task. It requires a lot of hard work, dedication, and of course, money. And once you

To be successful in business, it’s important to have a good credit score. A strong credit score can help you get loans and funding when needed and establish

Are you planning to open a corporation in Ontario? Understanding how to open a corporation in Ontario can save you time and money. There are many reasons why
Our team is ready to discuss your business needs and answer any questions you may have. Use our quick contact form to get in touch with us
CPAs (Chartered Professional Accountants) provide a range of financial services, including tax preparation, auditing, financial planning, and consulting to individuals, businesses, and organizations.
Put simply, most small businesses do not require monthly reports on their sales and expenses which would require monthly bookkeeping. Year-end taxes allows business owners to figure out their financials at end of the year to file their tax return and pay their tax liability
Simple, as new clients we only require three things from you 1) Articles of Incorporation 2) Previously filed tax return 3) Bank statements for fiscal year in PDF format. Simple right? Yep, that’s all we will handle the rest
CPAs typically charge fees based on various factors, including the complexity of the work, the time involved, and the specific services required. Some offer flat fees, while others charge hourly rates. Most important factor is the time we spend on each file.
Nope! receipts and invoices can be the CRA which must be maintained for up to 6 years in case they request to review your business. We only require copies of the bank statements or a schedule provided by you
We assist corporate clients with personal taxes, emphasizing tax planning for incorporated business owners. Our electronic processes streamline the management and filing of personal taxes. Personal tax services are exclusively offered to our corporate clients and their partners, ensuring a personalized touch come tax time.
Our primary focus at FShad CPA is to help corporate businesses with their accounting needs. For simple tax returns such as T4 slips we recommend using over-the-counter tax preparation software. If you have questions regarding your personal taxes or investments, we will be happy to advise you