Posts Tagged Tax Purposes

How is a corporation defined as a small business in Ontario for tax purposes?

Posted on June 1, 2009 by

Tina s asked: Is it based on net income? or Total Revenue before cost deduction? or based on number of employees hired? or …?

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I just started my own s-corporation. How much tax should I be holding out?

Posted on April 29, 2009 by

cheryann asked: I pay myself a salary each week from my weekly gross earnings and want to make sure that I am holding back enough to cover taxes. I am currently pay myself 2/3 of the gross each week and put the other 1/3 into an account for tax purposes. I am an independant clinical [...]

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My friend wants to have his business be a corporation for tax purposes etc and isn’t this just as easy as gett

Posted on March 3, 2009 by

mickie asked: ing a form and listing the business as a corp? any help?

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Is the initial starting investment in a corporation considered income for tax purposes?

Posted on August 26, 2008 by

Rezand asked: For example, let’s say someone starts a C Corporation “Blahville, Inc” and initially funds the corporation with $3000 for 100% stake. Is the $3000 reported as income for the corporation? How is it tracked?

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