You finally have your new small business all set up. You have registered your business name, set up your business structure, registered for a business number, GST, payroll and WCB, and have your business license and insurance. You even have a business plan and marketing strategy. Whew! What now? As soon as you start your…
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A corporation’s tax year is its fiscal period. A fiscal period cannot be longer than 53 weeks (371 days). A new corporation can…