Choosing the Right Payroll Solution for Your Business in Canada Selecting a payroll service is more than just a routine business decision; it is a strategic choice that directly influences efficiency, compliance, and employee satisfaction. For both small enterprises and

The question, “Do I need to charge GST or HST as a contractor in Canada?” is a fundamental one, particularly for independent contractors, consultants, and small business owners. Understanding the rules surrounding GST/HST registration, collection, and remittance is not only

What is a First Home Savings Account (FHSA)? The First Home Savings Account (FHSA) is a specialized tax-advantaged savings vehicle designed to help Canadians save for the purchase of their first home. It combines the benefits of both a Registered

Ontario taxpayers should prepare for the latest updates to provincial taxation for the year 2024. Staying informed is critical to effective tax planning, regulatory compliance, and optimizing financial outcomes. At Indus Canada Chartered Professional Accountant (CPA), we monitor every development

What is Incorporation and Why It Matters Before moving forward with incorporation, it is essential to understand what a corporation is and why it may be the right structure for your business. A corporation is a distinct legal entity under