Running a business in Canada means keeping up with essential tax obligations. One of the most important responsibilities for business owners is filing taxes correctly and on time. For businesses that collect Goods and Services Tax (GST) or Harmonized Sales Tax (HST), filing GST/HST returns through the Netfile system is a key process. This guide…
Read article
Managing payroll effectively is crucial for any business. Not only does it ensure your employees are paid accurately and on time, but it also helps you comply with tax laws and regulations, minimizing risks and maintaining a positive work environment. In this guide, we explore the different types of payroll systems available in Edmonton, highlighting…
Read article
Canada’s tax landscape varies significantly across provinces and territories, with different rates for Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST). Understanding these differences is crucial for residents, businesses, and investors. This guide provides an in-depth look at the various tax rates applicable in Canada, covering GST, PST, HST,…
Read article
Owning rental property in Alberta can be a lucrative venture, offering steady passive income and long-term appreciation. However, understanding the tax implications, deductions, and responsibilities is crucial for maximizing profits. This comprehensive guide will cover what rental income is, how it’s taxed, the benefits and risks of renting out your property, and tips for staying…
Read article
Tuition tax credits are a great benefit for students in Canada, helping to reduce the amount of taxes owed. But what happens if you have more credits than you need in a given year? And what happened to the unused tuition taxes? This guide will walk you through everything you need to know about unused…
Read article
Being self-employed offers many benefits, such as the freedom to be your own boss, set your own hours, and pursue your passion. However, it also comes with unique challenges, particularly when it comes to taxes. As a self-employed individual in Edmonton, understanding how to manage your taxes effectively can save you a significant amount of…
Read article
Tax season can be a stressful time for many, but it doesn’t have to be. With the right approach and expert advice, you can maximize your tax refund and make the process as smooth as possible. At Yeg Tax Masters, we are committed to helping you get the most out of your tax return. Whether…
Read article
Running a business is no easy task. From managing daily operations to ensuring customer satisfaction, there’s a lot on your plate. One area that often causes headaches for business owners is managing payroll. If you’re looking for reliable and efficient payroll services in Edmonton, Yeg Tax Masters is here to help. Comprehensive Payroll Services Edmonton…
Read article
At YEG Tax Masters, we understand that tax season can be a daunting time for many individuals and businesses. Our mission is to provide comprehensive, personalized tax services to ensure that our clients in Edmonton navigate their tax obligations with confidence and ease. As leading personal tax experts in Edmonton, we pride ourselves on offering…
Read article
Tax season can be a daunting time for individuals and businesses alike. With constantly changing regulations and complex financial situations, it’s essential to have a trusted tax professional on your side. Yeg Tax Masters, a leading tax advisory firm in Edmonton, AB, offers expert tax services to help you navigate the intricacies of personal and…
Read articleSchedule a free consultation to discuss your business needs.
