Is Your Business a Personal Services Business?
CRA is looking closer at personal services businesses and reaching out to Canadian businesses to voluntarily take part in an education program.
Personal Services Business (PSB), also known as an incorporated employee, provide services where:
The business owner would be considered an employee of the business that services are provided to.
How do you determine whether your business is a PSB?
There are four tests in determining PSB:
Measures to Protect Yourself and Your Business From Fraud
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With the rates of financial fraud increasing year over year it has become important to protect yourself and your business from financial fraud. Below you will find common forms of fraud followed by some steps to reduce your exposure to fraudsters.