20 Essential Tax Facts for Small Business Owners
Ronika Khanna CPA,CA
FEBRUARY 23, 2023
Tax Administration: Sole proprietorships and unincorporated businesses are required to include their business income and expenses in their personal tax returns by filling out the T-2125. This form can be found in most online tax filing software including Ufile and TurboTax. Similar interest and penalty provisions apply.
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