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How to Use Online Banking to File and Pay Your Business Sales Tax, Payroll DAS and Corporate Tax

Ronika Khanna CPA,CA

Business tax instalment payments (including GST-QST instalments ) This means that instead of entering the data on the forms that are available via my business account at CRA and RQ and then going to your bank to make payment, either online or via mail, it can all be done at one time through one form that serves as both tax filing and payment.

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President Biden’s Anti-Fraud Proposal Expanded: What to Know

Withum

Problems With Your PPP Application – Here’s Why You’re in Trouble To investigate PPP fraud, the government is now doubling down. They can test your filings for reasonableness and match it against filings you’ve already made with documents already in their databases, including payroll tax filings, unemployment forms, and corporate tax returns.

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How Miami Became a Hub of PPP Fraud After Pandemic

CPA Practice

economy, they also say the government system lacked safeguards and fell prey to widespread theft. He also claimed his company’s payroll was $1,035,091 in the previous year on an IRS tax form. Millions of government funds rolled into his bank accounts. His loan application was for $215,645, the maximum he could request.

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Finance Directors’ Tax Toolkit

Menzies

Business Tax Tax returns and iXBRL tagging Completion of corporate tax returns and electronic tagging is a necessary but administrative burden and ensuring that the correct amount of tax is paid and that available tax reliefs are maximised can be a complex process.

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A (not so) mini budget…?

Inform Accounting

The Government has set an ambitious target to achieve a trend rate of growth of 2.5%, achieved by tax incentives to encourage investment in the UK. The Government was criticised in the lead up to today’s announcement for not allowing the Office for Budget Responsibility (OBR) to release forecasts with the mini budget.

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate. For example, LLCs that opt for the IRS to tax them as corporations are subject to corporate tax rates.

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20 Essential Tax Facts for Small Business Owners

Ronika Khanna CPA,CA

Life insurance premiums are not tax deductible unless the beneficiary is the business. Instead the government allows for what is referred to as CCA (capital cost allowance) which is essentially a depreciation charge over a period of time at specific rates. Corporations are required to file a separate corporate tax return.

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