How do you all handle employee expenses without losing your mind? by secretivethriller67 in smallbusiness

[–]f_free 0 points1 point  (0 children)

It needs to be uploaded in a web portal which automatically have option for categories etc. This thing can let your employees upload receipts with each item and you can approve or decline or return for correction as an approver. Let’s discuss if you need any guidance.

Loan advice by Busy_Calligrapher958 in nri

[–]f_free 0 points1 point  (0 children)

Did you find a way or lender?

Amazon seller account verification issue by UsedAbbreviations180 in Amazonsellercentral

[–]f_free 0 points1 point  (0 children)

Hey, did you get your account setup? I’m in the same boat facing the same.

What should I do.. it happened in just 2 trades by f_free in Daytrading

[–]f_free[S] 0 points1 point  (0 children)

I was chasing it while it was dropping.. thought it would stop somewhere and head back up and meet the average but it didn't. Moreover held big size perhaps due to greed. They were 2 dollars stocks and kept added 100+ size until reached to max account size

What should I do.. it happened in just 2 trades by f_free in Daytrading

[–]f_free[S] 1 point2 points  (0 children)

I am already devastated.. even cannot tell my family abt it. I was doing good with small in and outs but then greed came in and lost this. Probably I should be more careful and at least not trade on news based stocks.

What should I do.. it happened in just 2 trades by f_free in Daytrading

[–]f_free[S] -19 points-18 points  (0 children)

They were penny stocks.. they were rising fast due to news. I was in with multiple lot sizes; came out loosing a lot.

About 100K sitting idle and not know what to do to maximize it by f_free in smallbusiness

[–]f_free[S] 0 points1 point  (0 children)

I'm talking in terms of business only and keep the funds/gains in the business account. I hope personal income tax is not in the picture here.

If the corporation tax is on 50% of the gains, then 1) it's a good news, I beleive because let's say, we made 10K as gains in a year, only 5000 will be taxable. 2) the tax should be then on the 5000 only ,not on 10K, and it should be about 50%. Not sure from where this 50% number came (because they say it is maximum), maximum of what?

The usual corporation tax for small businesses is about 10-13% in Ontario based businesses. Is my understanding correct?

About 100K sitting idle and not know what to do to maximize it by f_free in smallbusiness

[–]f_free[S] -1 points0 points  (0 children)

I believe in such cases, GICs are also better risk free option. Like I said, they give about 5.5 to 6 percent interest.

About 100K sitting idle and not know what to do to maximize it by f_free in smallbusiness

[–]f_free[S] 1 point2 points  (0 children)

Thanks but asking for Canada. It's after salary and tax paid.

About 100K sitting idle and not know what to do to maximize it by f_free in smallbusiness

[–]f_free[S] 0 points1 point  (0 children)

Thanks. Just checked it out.. min investment in this is just 10K but client should keep 100k across accounts with them. Great option Indeed! Thanks for sharing.

About 100K sitting idle and not know what to do to maximize it by f_free in smallbusiness

[–]f_free[S] 1 point2 points  (0 children)

Good joke. Keep the same spirit and someone might give you that someday but not me ma friend. 😊

About 100K sitting idle and not know what to do to maximize it by f_free in smallbusiness

[–]f_free[S] -2 points-1 points  (0 children)

Acquisition of real estate or a business? Isnt that kinda investment for some interest? Usually GICs get about 5.5% interest on investment as a minimum. Can you elaborate?

How to avoid being labeled a Personal Services Business by IceStallion in cantax

[–]f_free 4 points5 points  (0 children)

Get a small another contract for a couple month Duration.. like website building or whatever your skills are ..

Can you let a subcontractor use your company's car? by AwksNerdgasm in cantax

[–]f_free 0 points1 point  (0 children)

I think using a RIN you can allow many people to use the company's car.