{"id":414,"date":"2024-09-29T10:44:04","date_gmt":"2024-09-29T10:44:04","guid":{"rendered":"https:\/\/adeptbookkeepingservices.com\/?page_id=414"},"modified":"2024-11-09T17:46:32","modified_gmt":"2024-11-09T17:46:32","slug":"414-2","status":"publish","type":"page","link":"https:\/\/adeptbookkeepingservices.com\/index.php\/414-2\/","title":{"rendered":"Sole Proprietor Tax Returns"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Hero” _builder_version=”4.23.3″ background_color=”#084666″ use_background_color_gradient=”on” background_color_gradient_direction=”170deg” background_color_gradient_stops=”#084666 1%|rgba(7,53,99,0.8) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”#002e4f” background_color_gradient_start_position=”1%” background_color_gradient_end=”rgba(8,70,102,0.8)” background_image=”https:\/\/adeptbookkeepingservices.com\/wp-content\/uploads\/2024\/09\/pexels-sora-shimazaki-5668877-scaled.jpg” parallax=”on” custom_padding=”|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_heading title=”Sole Proprietor Tax Returns” _builder_version=”4.27.0″ _module_preset=”default” title_font=”Aboreto|700|||||||” title_text_align=”center” title_text_color=”#FFFFFF” global_colors_info=”{}”][\/et_pb_heading][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.0″ _module_preset=”default” custom_padding=”||4px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” custom_margin=”|auto|56px|auto||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

Question is “Are you a business?”<\/span><\/h3>\n

It might seem like a straightforward question, but the Canada Revenue Agency (CRA) has specific criteria for what qualifies as a business for tax purposes. The CRA defines a business as any activity carried out with the intent to make a profit, and there must be evidence to support this intention. Special considerations apply to industries such as farming, fishing, or operating a home daycare. According to the CRA, the small business tax deduction increased to 18% on January 1, 2018, and to 19% as of January 1, 2019, resulting in small business tax rates of 10% and 9%, respectively.<\/p>\n

Note:<\/strong> A self-employed individual<\/strong> is often considered to be running a business and is subject to specific tax obligations as their own employer. So, Yes! Sole proprietors are considered as businesses<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/adeptbookkeepingservices.com\/wp-content\/uploads\/2024\/09\/Accountant-Image-22.jpg” title_text=”Accountant-Image-22″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” background_color=”#084666″ custom_padding=”46px|58px||||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” text_text_color=”#FFFFFF” header_text_color=”#FFFFFF” header_2_text_color=”#FFFFFF” header_3_text_color=”#FFFFFF” text_orientation=”center” custom_padding=”|||55px||” global_colors_info=”{}”]<\/p>\n

What do I need to know as a business?<\/span><\/h3>\n

Managing small business taxes can feel overwhelming. You must keep track of all income your business generates. This includes more than just sales revenue; any form of income, such as goods, services received, or property, must be documented. These records are essential for preparing accurate tax returns.<\/p>\n

 <\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

Do I need to charge GST\/HST?<\/span><\/h3>\n

The Goods and Services Tax (GST) applies when a consumer purchases goods or services for domestic use. Customers pay the GST to the business, which must then remit that tax to the CRA. Not all businesses are required to charge GST. Exemptions include insurance, real estate, certain educational services (like music lessons), legal aid, and healthcare provided by licensed practitioners. Additionally, if you are classified as a small supplier\u2014a business with total revenue under $30,000 in any calendar quarter or for the last four fiscal quarters\u2014you are not required to charge GST. Charities with gross revenue under $250,000 are also considered small suppliers.<\/p>\n

If your business is not a small supplier and you provide non-exempt goods or services, you must register with the CRA to charge GST. You will also need to file returns and remit the GST collected to the government regularly. We can assist you in setting up your GST account and ensure your returns are filed accurately.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Start Your Tax Filing Now” button_text=”Click here” _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Get ahead of tax season! Let our experts simplify your tax filing and maximize your return. Don\u2019t wait<\/p>\n

[\/et_pb_cta][et_pb_button button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMzMyJ9fQ==@” button_text=”Click Here” button_alignment=”center” _builder_version=”4.27.0″ _dynamic_attributes=”button_url” _module_preset=”default” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

Should I incorporate?<\/span><\/h3>\n

One of the most frequent questions business owners ask is whether they should incorporate. Corporate tax rules are more complex and differ significantly from individual tax rules, so the decision to incorporate should be made carefully. If you’re considering incorporation, contact Adept Bookkeeping Services to determine if it\u2019s the right choice for your business. Your decision will depend on your specific situation and long-term goals.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ disabled_on=”on|on|on” _builder_version=”4.27.0″ _module_preset=”default” disabled=”on” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” custom_padding=”2px|||||” global_colors_info=”{}”]<\/p>\n

 <\/p>\n

Additionally, keeping expense receipts is equally important. Receipts should include:<\/p>\n

    \n
  • Your name and address as the buyer<\/li>\n
  • The date of the purchase<\/li>\n
  • The seller\u2019s name and address<\/li>\n
  • The seller\u2019s GST\/HST registration number (if applicable)<\/li>\n
  • A detailed description of the goods or services purchased<\/li>\n<\/ul>\n

    If a receipt lacks a description, write one yourself. Accurate payroll records are also a must.<\/p>\n

    Certain business expenses are tax-deductible. Below is a shortened list; the full list is available on the CRA website:<\/p>\n

      \n
    • Advertising<\/li>\n
    • Start-up costs<\/li>\n
    • Business tax, fees, and licenses<\/li>\n
    • Home office expenses<\/li>\n
    • Delivery and freight<\/li>\n
    • Fuel costs (excluding motor vehicles)<\/li>\n
    • Insurance<\/li>\n
    • Maintenance and repairs<\/li>\n
    • Administrative fees<\/li>\n
    • Meals and entertainment (partially deductible)<\/li>\n
    • Vehicle expenses<\/li>\n
    • Professional fees (legal, accounting)<\/li>\n
    • Office supplies<\/li>\n
    • Property taxes<\/li>\n
    • Rent<\/li>\n
    • Utilities and phone<\/li>\n
    • Travel expenses<\/li>\n<\/ul>\n

      The CRA frequently audits deductions related to home office use, meals, and entertainment. At Adept Bookkeeping Services, we prioritize creating strong audit trails, which is why we recommend keeping all supporting documents on file in case they or the CRA need to be reviewed. Inaccurate record-keeping could result in a tax reassessment.<\/p>\n

      Source documents, which are proof of financial transactions, are essential for calculating tax credits and deductions. Without well-maintained books, tax season becomes far more stressful. We offer comprehensive bookkeeping, as well as tax planning and preparation. Visit our bookkeeping page for more information on our services.<\/p>\n

      [\/et_pb_text][et_pb_divider _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

      Should I incorporate?<\/span><\/h3>\n

      One of the most frequent questions business owners ask is whether they should incorporate. Corporate tax rules are more complex and differ significantly from individual tax rules, so the decision to incorporate should be made carefully. If you’re considering incorporation, contact Adept Bookkeeping Services to determine if it\u2019s the right choice for your business. Your decision will depend on your specific situation and long-term goals.<\/p>\n

      [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ use_custom_gutter=”on” gutter_width=”1″ specialty=”on” background_color_1=”#4e7c97″ bg_img_1=”https:\/\/adeptbookkeepingservices.com\/wp-content\/uploads\/2024\/09\/Accountant-Image-39.png” use_background_color_gradient_1=”off” background_color_gradient_stops_1=”#f6f8fa 0%|#00324e 70%” background_color_gradient_start_1=”#f6f8fa” background_color_gradient_end_1=”#00324e” background_color_gradient_end_position_1=”70%” padding_top_1=”80px” padding_right_1=”6%” padding_bottom_1=”80px” padding_left_1=”6%” padding_left_2=”30px” padding_top_bottom_link_1=”true” padding_left_right_link_1=”true” padding_2_tablet=”|||0px” padding_2_phone=”” padding_2_last_edited=”on|desktop” disabled_on=”on|on|on” admin_label=”Contact” module_class=” et_pb_specialty_fullwidth” _builder_version=”4.16″ background_color=”#f6f8fa” inner_width=”100%” inner_width_tablet=”100%” inner_width_phone=”100%” inner_width_last_edited=”on|desktop” inner_max_width=”100%” inner_max_width_tablet=”100%” inner_max_width_phone=”100%” inner_max_width_last_edited=”on|desktop” custom_margin=”|||” custom_padding=”0|0px|0|0px|false|false” make_fullwidth=”on” disabled=”on” locked=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ background_color=”#4e7c97″ background_color_gradient_start=”#f6f8fa” background_color_gradient_end=”#00324e” background_color_gradient_end_position=”70%” custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” quote_font=”||||||||” header_font=”||||||||” header_2_font=”Montserrat|800|||||||” header_2_font_size=”30px” header_2_line_height=”1.5em” header_3_font=”||||||||” header_4_font=”||||||||” background_layout=”dark” custom_margin=”||50px|” custom_padding=”|||” custom_padding_tablet=”|||” custom_padding_last_edited=”off|desktop” header_2_font_size_tablet=”30px” header_2_font_size_phone=”20px” header_2_font_size_last_edited=”on|phone” border_radii=”||10px|10px|” locked=”off” global_colors_info=”{}”]<\/p>\n

      Contact Us<\/h2>\n

      Get in touch with our team for any general inquiries or to learn more about our suite of financial services. We are here to assist you in navigating the complexities of your business\u2019s financial landscape with precision and expertise<\/span>.<\/em><\/p>\n

      [\/et_pb_text][et_pb_blurb title=”Hello@adeptbookkeepingservices.com” use_icon=”on” font_icon=”||divi||400″ icon_color=”#ffffff” icon_placement=”left” image_icon_width=”20px” content_max_width=”1100px” _builder_version=”4.23.3″ header_font=”Montserrat|500|||||||” header_font_size=”16px” header_line_height=”1.5em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_layout=”dark” custom_margin=”||20px|” custom_margin_tablet=”|||” custom_margin_phone=”|||0px” custom_margin_last_edited=”off|desktop” animation=”off” icon_font_size=”20px” locked=”off” global_colors_info=”{}”][\/et_pb_blurb][et_pb_blurb title=”M-F: 9am-6pm, Sat: 10am-4pm, Sun: Closed” use_icon=”on” font_icon=”||divi||400″ icon_color=”#ffffff” icon_placement=”left” image_icon_width=”20px” content_max_width=”1100px” _builder_version=”4.23.3″ header_font=”Montserrat|500|||||||” header_font_size=”16px” header_line_height=”1.5em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_layout=”dark” custom_margin=”||20px|” custom_margin_tablet=”|||” custom_margin_phone=”|||0px” custom_margin_last_edited=”off|desktop” animation=”off” icon_font_size=”20px” locked=”off” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ specialty_columns=”2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” padding_tablet=”|||0px” padding_last_edited=”on|desktop” custom_padding__hover=”|||” padding_phone=”|||0px”][et_pb_row_inner use_custom_gutter=”on” module_id=”Contact” _builder_version=”4.27.0″ background_color=”#084666″ background_blend=”multiply” custom_margin=”-60px|||” custom_margin_tablet=”0px|||” custom_margin_phone=”” custom_margin_last_edited=”on|tablet” custom_padding=”80px|10%|80px|10%|true|true” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_contact_form captcha=”off” email=”hello@adeptbookkeepingservices.com” success_message=”Thanks for contacting us. We will get back to you shortly” module_id=”et_pb_contact_form_0″ _builder_version=”4.23.3″ form_field_background_color=”rgba(0,0,0,0)” form_field_text_color=”#ffffff” title_font=”||||||||” form_field_font=”Open Sans||||||||” form_field_font_size=”15px” form_field_line_height=”2em” custom_button=”on” button_text_size=”15px” button_text_color=”#ffffff” button_bg_color=”#12eaa6″ button_border_width=”10px” button_border_color=”rgba(0,0,0,0)” button_border_radius=”0px” button_letter_spacing=”2px” button_font=”Open Sans|700||on|||||” button_use_icon=”off” custom_margin=”|||” custom_margin_tablet=”|||0px” custom_margin_phone=”|||0px” custom_margin_last_edited=”off|desktop” custom_padding=”|||” custom_padding_tablet=”|40px||” custom_padding_phone=”|40px||” custom_padding_last_edited=”off|desktop” border_radii=”on|2px|2px|2px|2px” border_width_all=”2px” border_color_all=”rgba(255,255,255,0.3)” form_background_color=”rgba(0,0,0,0)” locked=”off” global_colors_info=”{}”][et_pb_contact_field field_id=”Name” field_title=”Name” _builder_version=”4.16″ custom_margin=”||30px|” custom_padding=”|||” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Email” field_title=”Email Address” field_type=”email” _builder_version=”4.16″ custom_margin=”||30px|” custom_padding=”|||” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Company” field_title=”Company Name” fullwidth_field=”on” _builder_version=”4.16″ custom_margin=”||30px|” custom_padding=”|||” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Subject” field_title=”Subject” fullwidth_field=”on” _builder_version=”4.16″ custom_margin=”||30px|” custom_padding=”|||” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Message” field_title=”Message” field_type=”text” fullwidth_field=”on” _builder_version=”4.16″ custom_margin=”||30px|” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.0″ _module_preset=”default” background_color=”#084666″ global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” text_text_color=”#FFFFFF” header_text_color=”#FFFFFF” header_2_text_color=”#FFFFFF” global_colors_info=”{}”]<\/p>\n

      Contact Us<\/h2>\n

      Get in touch with our team for any general inquiries or to learn more about our suite of financial services. We are here to assist you in navigating the complexities of your business\u2019s financial landscape with precision and expertise<\/span>.<\/em><\/p>\n

      [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”M-F: 9am-6pm, Sat: 10am-4pm, Sun: Closed” use_icon=”on” font_icon=”||divi||400″ icon_color=”#ffffff” icon_placement=”left” image_icon_width=”20px” content_max_width=”1100px” _builder_version=”4.23.3″ header_font=”Montserrat|500|||||||” header_font_size=”16px” header_line_height=”1.5em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_layout=”dark” custom_margin=”||20px|” custom_margin_tablet=”|||” custom_margin_phone=”|||0px” custom_margin_last_edited=”off|desktop” animation=”off” icon_font_size=”20px” locked=”off” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Hello@adeptbookkeepingservices.com” use_icon=”on” font_icon=”||divi||400″ icon_color=”#ffffff” icon_placement=”left” image_icon_width=”20px” content_max_width=”1100px” _builder_version=”4.23.3″ header_font=”Montserrat|500|||||||” header_font_size=”16px” header_line_height=”1.5em” body_font=”||||||||” body_font_size=”16px” body_line_height=”2em” background_layout=”dark” custom_margin=”||20px|” custom_margin_tablet=”|||” custom_margin_phone=”|||0px” custom_margin_last_edited=”off|desktop” animation=”off” icon_font_size=”20px” locked=”off” global_colors_info=”{}”][\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

      Question is “Are you a business?” It might seem like a straightforward question, but the Canada Revenue Agency (CRA) has specific criteria for what qualifies as a business for tax purposes. The CRA defines a business as any activity carried out with the intent to make a profit, and there must be evidence to support […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-414","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/pages\/414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":10,"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/pages\/414\/revisions"}],"predecessor-version":[{"id":618,"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/pages\/414\/revisions\/618"}],"wp:attachment":[{"href":"https:\/\/adeptbookkeepingservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}