Description: The Canada Revenue Agency this week began accepting 2021 electronically filed tax returns through its popular NETFILE and EFILE services. The May 2, 2022, deadline still gives you plenty of time to file, but now is a good time to gather your receipts together, especially if you’re planning to claim business expenses on your return.
Date: Feb 24, 2022
Questions for discussion:
- What are the issues related to tax reporting for small business owners, as illustrated in the article?
- What should small business owners do to reduce their risk?
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