Dec 30, 2017 – Here are eight income tax deductions that many Canadian small business owners overlook. Home Business Tax Deductions. Scientific Research and Experimental Development Tax Credits. Allowable Reserves as an Income Tax Deduction. Investment Tax Credits. Private Health Services Plan Premiums as Income Tax Deductions.

Jan 18, 2018 – You've completed your company's year-end and processed your employees' T4 slips. Now it's time to turn your full attention towards handling your small business's own income tax filing. Whether or not your company is profitable or owes taxes, small business owners in Canada are required to provide their …

The Canadian Federation of Independent Businesses (CFIB) offers business support services to small business owners throughout Canada. In addition to advocating on behalf of independent business owners, CFIB's Media Centre provides up-to-date news and advice for businesses across Canada. 5. Enterprise Toronto.