---
title: Toro Accounting Blog (7)
description: Toro Accounting blog for accounting and tax topics in Canada, (7)
---

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[![Toro Financial Inc. dba Toro Accounting](https://toroaccounting.ca/hs-fs/hubfs/Logo-Square%20(500%20x%20200%20px)-1.png?width=450&height=150&name=Logo-Square%20(500%20x%20200%20px)-1.png)](https://toroaccounting.ca/en?hsLang=en)

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- [Home](https://toroaccounting.ca/en/)
- [Taxes](https://toroaccounting.ca/en/tax-filing-services)
  
  Show submenu for Taxes 
  
    - [1st Tax Filing](https://toroaccounting.ca/en/steps-for-filing-t1)
- [Bookkeeping](https://toroaccounting.ca/en/bookkeeping)
- [Business Plans](https://toroaccounting.ca/en/create-my-business-plan)
- [Blog](https://toroaccounting.ca/blog)
- - [English](https://toroaccounting.ca/blog)
    - [Spanish](https://toroaccounting.ca/es/blog)

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[Book a Free Consultation](https://toroaccounting.ca/en/book-consultation?hsLang=en)

# The Blog

Discover tax tips for small business owners and self-employed individuals in Canada. From claiming expenses to understanding tax residency, find valuable insights to optimize your business finances.

Search for any topic on our blog

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[![](https://toroaccounting.ca/hubfs/Family.png)](https://toroaccounting.ca/blog/2025-canadian-tax-filing-deadlines-for-2024-tax-year-key-dates-you-need-to-know)

[Tax](https://toroaccounting.ca/blog/tag/tax), [CRA](https://toroaccounting.ca/blog/tag/cra)

## [2025 Canadian Tax Filing Deadlines (for 2024 Tax Year): Key Dates You Need to Know](https://toroaccounting.ca/blog/2025-canadian-tax-filing-deadlines-for-2024-tax-year-key-dates-you-need-to-know)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Feb 11, 2025, 12:34:16 PM

Tax season can feel overwhelming, especially if you're unfamiliar with how the Canadian tax system w...

[Read more](https://toroaccounting.ca/blog/2025-canadian-tax-filing-deadlines-for-2024-tax-year-key-dates-you-need-to-know)

[![](https://toroaccounting.ca/hubfs/image-png-Dec-24-2024-07-33-39-2704-PM.png)](https://toroaccounting.ca/blog/understanding-canadian-tax-integration-eligible-and-non-eligible-dividends)

[Tax](https://toroaccounting.ca/blog/tag/tax), [Corporation](https://toroaccounting.ca/blog/tag/corporation), [Dividends](https://toroaccounting.ca/blog/tag/dividends)

## [Understanding Canadian Tax Integration: Eligible and Non-Eligible Dividends](https://toroaccounting.ca/blog/understanding-canadian-tax-integration-eligible-and-non-eligible-dividends)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Dec 24, 2024, 2:35:00 PM

Tax integration is a fundamental principle of the Canadian tax system. It aims to ensure that income...

[Read more](https://toroaccounting.ca/blog/understanding-canadian-tax-integration-eligible-and-non-eligible-dividends)

[![](https://toroaccounting.ca/hubfs/Screenshot%202024-11-09%20222329.png)](https://toroaccounting.ca/blog/arreglo-de-pagos-con-el-cra)

[Tax](https://toroaccounting.ca/blog/tag/tax), [Corporation](https://toroaccounting.ca/blog/tag/corporation), [CRA](https://toroaccounting.ca/blog/tag/cra)

## [Payment Arrangements with the CRA](https://toroaccounting.ca/blog/arreglo-de-pagos-con-el-cra)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Nov 9, 2024, 10:39:57 PM

If you can’t pay your debt right away, you can schedule a series of payments in your online CRA acco...

[Read more](https://toroaccounting.ca/blog/arreglo-de-pagos-con-el-cra)

[![](https://toroaccounting.ca/hubfs/image-png-Jul-12-2024-12-24-39-1790-PM.png)](https://toroaccounting.ca/blog/authorize-toro-financial-business-cra-account)

[Corporation](https://toroaccounting.ca/blog/tag/corporation), [Self-Employed](https://toroaccounting.ca/blog/tag/self-employed), [Partnership](https://toroaccounting.ca/blog/tag/partnership)

## [How to Authorize Toro Financial Inc as CRA Business Representative](https://toroaccounting.ca/blog/authorize-toro-financial-business-cra-account)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Nov 8, 2024, 8:27:45 PM

1\. General What your representative can do When you authorize a representative, you are letting them...

[Read more](https://toroaccounting.ca/blog/authorize-toro-financial-business-cra-account)

[![](https://toroaccounting.ca/hubfs/image-png-Oct-19-2024-01-45-11-1302-AM.png)](https://toroaccounting.ca/blog/canada-child-benefit-ccb)

[Canada Child Benefit](https://toroaccounting.ca/blog/tag/canada-child-benefit)

## [Canada Child Benefit (CCB)](https://toroaccounting.ca/blog/canada-child-benefit-ccb)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Oct 18, 2024, 9:48:05 PM

The Canada Child Benefit (CCB) is administered by the Canada Revenue Agency (CRA). It is a tax-free ...

[Read more](https://toroaccounting.ca/blog/canada-child-benefit-ccb)

[![](https://toroaccounting.ca/hubfs/image-png-Oct-19-2024-01-24-34-4320-AM.png)](https://toroaccounting.ca/blog/an-overview-of-the-gst/hst-credit)

[HST-GST Credit](https://toroaccounting.ca/blog/tag/hst-gst-credit), [Canada Carbon Rebate](https://toroaccounting.ca/blog/tag/canada-carbon-rebate)

## [An Overview of the GST/HST credit](https://toroaccounting.ca/blog/an-overview-of-the-gst/hst-credit)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Oct 18, 2024, 9:26:05 PM

The goods and services tax/harmonized sales tax (GST/HST) credit is a tax-free quarterly payment tha...

[Read more](https://toroaccounting.ca/blog/an-overview-of-the-gst/hst-credit)

[![](https://toroaccounting.ca/hubfs/image-png-Oct-19-2024-01-10-53-3925-AM.png)](https://toroaccounting.ca/blog/the-canada-carbon-rebate-ccr-for-individuals)

[HST-GST Credit](https://toroaccounting.ca/blog/tag/hst-gst-credit), [Canada Carbon Rebate](https://toroaccounting.ca/blog/tag/canada-carbon-rebate)

## [The Canada Carbon Rebate (CCR) for individuals](https://toroaccounting.ca/blog/the-canada-carbon-rebate-ccr-for-individuals)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Oct 18, 2024, 9:11:46 PM

Formerly known as: Climate action incentive payment (CAIP) The Canada Carbon Rebate (formerly known ...

[Read more](https://toroaccounting.ca/blog/the-canada-carbon-rebate-ccr-for-individuals)

[![](https://toroaccounting.ca/hubfs/download.jpeg)](https://toroaccounting.ca/blog/what-is-an-initial-return-for-a-corporation-and-how-to-file-it)

[Corporation](https://toroaccounting.ca/blog/tag/corporation), [Opening a New Business](https://toroaccounting.ca/blog/tag/opening-a-new-business)

## [What is an Initial Return for a Corporation and How to File It](https://toroaccounting.ca/blog/what-is-an-initial-return-for-a-corporation-and-how-to-file-it)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Sep 15, 2024, 12:48:57 AM

If you’ve recently registered your corporation, whether federally or provincially (in Ontario), one ...

[Read more](https://toroaccounting.ca/blog/what-is-an-initial-return-for-a-corporation-and-how-to-file-it)

[![](https://toroaccounting.ca/hubfs/Meals-1.jpeg)](https://toroaccounting.ca/blog/meals-and-entertainment-business-expenses)

[Corporation](https://toroaccounting.ca/blog/tag/corporation), [Self-Employed](https://toroaccounting.ca/blog/tag/self-employed)

## [Meals and Entertainment Business Expenses](https://toroaccounting.ca/blog/meals-and-entertainment-business-expenses)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Sep 14, 2024, 2:25:11 PM

In Canada, meals and entertainment expenses are common for small business owners and self-employed i...

[Read more](https://toroaccounting.ca/blog/meals-and-entertainment-business-expenses)

[![](https://toroaccounting.ca/hubfs/image-png-Jul-26-2024-11-54-12-3488-PM.png)](https://toroaccounting.ca/blog/c%C3%B3mo-abrir-una-empresa-unipersonal-sole-proprietorship-en-canad%C3%A1-gu%C3%ADa-completa)

[Self-Employed](https://toroaccounting.ca/blog/tag/self-employed), [Opening a New Business](https://toroaccounting.ca/blog/tag/opening-a-new-business)

## [Opening a Sole Proprietorship in Canada: A Comprehensive Guide](https://toroaccounting.ca/blog/c%C3%B3mo-abrir-una-empresa-unipersonal-sole-proprietorship-en-canad%C3%A1-gu%C3%ADa-completa)

[Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) 

 Jul 26, 2024, 8:16:02 PM

Starting a business can be an exciting venture, and choosing the right structure for your business i...

[Read more](https://toroaccounting.ca/blog/c%C3%B3mo-abrir-una-empresa-unipersonal-sole-proprietorship-en-canad%C3%A1-gu%C3%ADa-completa)

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- [Home](https://toroaccounting.ca/en/)
- [Taxes](https://toroaccounting.ca/en/tax-filing-services)
- [Bookkeeping](https://toroaccounting.ca/en/bookkeeping)
- [Business Plans](https://toroaccounting.ca/en/create-my-business-plan)
- [Privacy](https://toroaccounting.ca/en/privacy-policy)
- [Blog](https://toroaccounting.ca/blog)

 

## **Download Our** **Free Small** **Business Guide**

 

[Download](https://toroaccounting.ca/hubfs/Small%20Business%20Guide%20(English)%20Compressed.pdf?hsLang=en)

 

 

 

## **About Us**

At Toro Accounting, we specialize in offering custom bookkeeping and accounting services for small businesses and entrepreneurs in Canada. Based in Toronto, our goal is to simplify your financial obligations so you can focus on what really matters: growing your business.

## **Contact Us**

Do you have questions or need help with your business finances? We're here to help! Get in touch with us through the following channels:

📧 **Email:**  
[office@toroaccounting.ca](mailto:office@toroaccounting.ca)

📞 **Phone:**  
+1 (647) 947-3715 

## Worksheets:

[Sole Prop or Self Employed Bookkeeping Worksheet](https://toroaccounting.ca/hubfs/Forms/TOROFINANCIAL-Sole-P-Bookkeeping.xlsx?hsLang=en)

[Corporate Tax Worksheet](https://toroaccounting.ca/hubfs/Forms/TOROFINANCIAL-Corporate-Bookkeeping.xlsx?hsLang=en)

## Links:

<https://toroaccounting.ca/hubfs/Forms/TOROFINANCIAL-Corporate-Bookkeeping.xlsx?hsLang=en>[Authorize Representative (Personal)](https://toroaccounting.ca/en/authorize-representative?hsLang=en)

<https://toroaccounting.ca/hubfs/Forms/TOROFINANCIAL-Corporate-Bookkeeping.xlsx?hsLang=en>[Authorize Representative (Business)](https://toroaccounting.ca/blog/authorize-toro-financial-business-cra-account)

## Forms:

[Personal Tax Forms](https://toroaccounting.ca/en/personal-tax-form?hsLang=en)<https://toroaccounting.ca/en/create-my-business-plan?hsLang=en>

[Business Plan Forms](https://toroaccounting.ca/en/create-my-business-plan?hsLang=en)

[Self-Employed Tax Forms](https://toroaccounting.ca/en/sole-prop-worksheet?hsLang=en)

[Corporate Tax Forms](https://toroaccounting.ca/en/corporate-tax-return-worksheet?hsLang=en)

[Corporation Registration Forms](https://toroaccounting.ca/en/registration-corporation?hsLang=en)

[Employment Expenses Forms (T777)](https://toroaccounting.ca/en/employment-expenses-t777?hsLang=en)

[Moving expenses form](https://toroaccounting.ca/moving-expenses-claim-form-t1-m?hsLang=en)

---

[![Toro Financial Inc. dba Toro Accounting](https://toroaccounting.ca/hs-fs/hubfs/Logo-Square%20(500%20x%20200%20px)-1.png?width=450&height=150&name=Logo-Square%20(500%20x%20200%20px)-1.png "Toro Financial Inc. dba Toro Accounting")](https://torofinancial.ca?hsLang=en)

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Toronto, ON M3C 3R6

Copyright © 2025, Toro Financial Inc.

 

 

 

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