The Best Year End Date for Your Canadian Corporation: Why December Isn’t the Best Choice

By |2022-07-23T20:06:22+00:00July 12th, 2022|Accounting, Business, Taxes|

When it comes to choosing a year end date for your Canadian corporation, there are a few things you need to take into account. Many business owners choose December 31st as their year end date. They think it will be convenient because it is the end of the calendar year, but this isn't always the best choice when it comes to tax planning. Continue reading to learn what you should consider when choosing a year end date for your corporation. The Best Year End for Tax Planning In Canada, your year end date is set when you file your first corporate [...]