Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
Corporate Loss Carryforward Rules in Canada: A Complete Guide
Learn the rules for carrying forward corporate losses in Canada, including non-capital and net capital losses, limitations, and how to track them efficiently with Awditify.
Capital Dividend Account (CDA) in Canada Explained
A comprehensive guide to the Capital Dividend Account (CDA) in Canada, covering mechanics, pitfalls, and how to streamline management with Awditify.
Vehicle Expense Deduction for Corporations in Canada: A Complete Guide
A practical guide to vehicle expense deductions for Canadian corporations, covering CRA requirements, common pitfalls, GST/HST considerations, and how to track expenses with Awditify.
Eligible vs Ineligible Dividends in Canada Explained
Eligible and ineligible dividends are taxed differently in Canada. This guide explains the distinction, the dividend tax credit, and how to choose the right type for your corporation and shareholders.