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Business is currently considered Small Supplier (not collecting GST as annual revenues under $30,000). However if addition of 2020 Covid forgivable loan qualifies as revenue, and brings annual revenue to just above $30,000, will additional forgivable... read more
Andre_Mb ‎Posted yesterday
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In the 2020 tax year, where do I account for Covid related forgivable loan (i.e. MB Gap Protection Program MGPP $6,000 loan forgivable on 31-Dec-20)? Schedule-125 Revenue?
Andre_Mb ‎Posted yesterday
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mcintosm ‎Posted July 5, 2020 | Latest post Wednesday by TurboTaxBrenda1
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I live in Ontario. I have built a mobile phone app but for various technical reasons I was not able to launch it in the stores(Apple and Google) yet. The app will be generating revenue from advertising and subscription. I have a few expenses attached... read more
mmo124 ‎Posted 2 weeks ago | Latest post Wednesday by TurboTaxBrenda1
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pigme2020 ‎Posted July 6, 2020 | Latest post Tuesday by TurboTaxBrenda1
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