Tips

1.  Plan for your large purchases. (and keep your receipts)
2. Track your expenses (label your receipts ie. “personal” or “office supplies”)
3. Record deposits correctly (use your deposit book and be detailed!)
4. Set aside money for taxes (payroll, GST, PST, WCB and quarterly returns)
5. Track your invoices (use a spreadsheet to track all Accounts Receivable invoices)

Rules & Policies

• IFRS
• Financial Reporting & Assurance Standards Canada

Guides & Manuals

• Guide for Canadian Small Businesses
• Guide to the Employment Standards Act
• T4001 Employer’s Guide – Payroll Deductions and Remittances
• T4130 Employer’s Guide – Taxable Benefits and Allowances
• RC4120 Employer’s Guide – Filing the T4 slip and summary
• RC4022 General Information for the GST/HST Registrants

Forms

• T4 Summary of Remuneration Paid
• T2125 Statement of Business or Professional Activities

Deadlines

• Important dates for Businesses
• Important dates for Individuals