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To record business income, self-employed people must complete the T-2125 form and their regular T1 individual income tax return. You can get assistance from the smallbusinesstax preparation service for filing your tax. Numerous apps from tax preparation services in Toronto can be of great help.
As a first-time entrepreneur, starting a smallbusiness enterprise in Canada has its fair share of financial challenges which include controlling business costs, hiring employees, and generating sales invoices. Advising you on how to make your tax payments on time throughout the year.
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