Incorporation Benefits – Corporate and Small Business Tax TipsSeptember 9, 2017
Small Business Tax TipsSeptember 10, 2017
Canadian corporate tax deadlines
T4s, T5s, Trusts, & T5018s
- T4s & T5s– If you require T4 or T5 forms, and you still need to send us your information, please ensure we have it as soon as possible. Filing deadline: February 28.
- T5018s for construction– If your primary business activity is construction, you must report amounts paid or credited for construction services by filing a T5018 summary and slips. Filing deadline: February 28. For more information, see the CRA web site.
- Trust Returns– If you have a trust, by the end of January please forward us the accounting documentation to complete the trust’s financial statements and tax return. Filing deadline: March 31 (90 days after year-end).
Final Reminder: Critical tax deadline for family loan interest payments
- January 30th (not the 31st)is a critical deadline for those who have made loans to a spouse, common-law partner, minor child or a family trust. The interest on this loan must be paid by January 30th to avoid income tax “attribution”.
SA Accounting Solutions is a Professional Corporation registered with Chartered Professional Accountants of Toronto, Ontario. We are a full service public accounting practice dedicated to working with the Accounting and Tax issues of small to mid-size enterprises (SMEs). Our services include Assurance, Accounting & Compliances, Asset Protection and Trust Planning, Tax Planning, Bookkeeping & Payroll, SR&ED, Outsourcing Controllership and Internal Controls and Incorporation & Business Plans. Please call us at 416 824 6950, email us at firstname.lastname@example.org or visit our website www.saaccountingsolutions.com to book your one hour free consultation.