{"id":27211,"date":"2024-08-09T03:26:37","date_gmt":"2024-08-09T03:26:37","guid":{"rendered":"https:\/\/3ataxservicespc.ca\/?p=27211"},"modified":"2024-10-10T21:27:39","modified_gmt":"2024-10-10T21:27:39","slug":"new-fact-sheet-on-tax-obligations-for-personal-services-businesses","status":"publish","type":"post","link":"https:\/\/3ataxservicespc.ca\/index.php\/2024\/08\/09\/new-fact-sheet-on-tax-obligations-for-personal-services-businesses\/","title":{"rendered":"New fact sheet on tax obligations for personal services businesses"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"27211\" class=\"elementor elementor-27211\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e2510c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e2510c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b78973d\" data-id=\"b78973d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4366004 elementor-widget elementor-widget-text-editor\" data-id=\"4366004\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Have you recently incorporated your business? Do you provide services to one other company? You might be considered to be operating a personal services business (PSB) by the CRA. This means your tax obligations are different than other corporations!<u><\/u><u><\/u><\/p><p>Check out the CRA\u2019s\u00a0<a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/businesses\/topics\/corporations\/corporation-income-tax-return\/personal-services-business-pilot\/fact-sheet-personal-business.html?utm_source=businesses&amp;utm_medium=eml\" target=\"_blank\" rel=\"noopener\">fact sheet on PSBs<\/a>! It\u2019s intended to help you better understand your reporting and filing obligations, as well as your tax rate and what you can and cannot deduct as a PSB.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a568e33 elementor-widget elementor-widget-button\" data-id=\"a568e33\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/businesses\/topics\/corporations\/corporation-income-tax-return\/personal-services-business-pilot\/fact-sheet-personal-business.html?utm_source=businesses&#038;utm_medium=eml\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn more<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Have you recently incorporated your business? Do you provide services to one other company? You might be considered to be operating a personal services business (PSB) by the CRA. This means your tax obligations are different than other corporations! Check out the CRA\u2019s\u00a0fact sheet on PSBs! It\u2019s intended to help you better understand your reporting &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/3ataxservicespc.ca\/index.php\/2024\/08\/09\/new-fact-sheet-on-tax-obligations-for-personal-services-businesses\/\"> <span class=\"screen-reader-text\">New fact sheet on tax obligations for personal services businesses<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":5,"featured_media":27212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[55],"tags":[],"class_list":["post-27211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cra-infomation"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"thumbnail":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-150x150.jpg",150,150,true],"medium":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-300x184.jpg",300,184,true],"medium_large":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-768x470.jpg",768,470,true],"large":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-1024x626.jpg",1024,626,true],"1536x1536":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"2048x2048":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"woocommerce_thumbnail":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-300x300.jpg",300,300,true],"woocommerce_single":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-600x367.jpg",600,367,true],"woocommerce_gallery_thumbnail":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-100x100.jpg",100,100,true]},"uagb_author_info":{"display_name":"Tax Admin","author_link":"https:\/\/3ataxservicespc.ca\/index.php\/author\/tax-admin\/"},"uagb_comment_info":0,"uagb_excerpt":"Have you recently incorporated your business? Do you provide services to one other company? You might be considered to be operating a personal services business (PSB) by the CRA. This means your tax obligations are different than other corporations! Check out the CRA\u2019s\u00a0fact sheet on PSBs! It\u2019s intended to help you better understand your reporting&hellip;","rttpg_featured_image_url":{"full":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"landscape":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"portraits":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"thumbnail":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-150x150.jpg",150,150,true],"medium":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-300x184.jpg",300,184,true],"large":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-1024x626.jpg",1024,626,true],"1536x1536":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"2048x2048":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418.jpg",1280,783,false],"woocommerce_thumbnail":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-300x300.jpg",300,300,true],"woocommerce_single":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-600x367.jpg",600,367,true],"woocommerce_gallery_thumbnail":["https:\/\/3ataxservicespc.ca\/wp-content\/uploads\/2024\/08\/pexels-photo-5699418-5699418-100x100.jpg",100,100,true]},"rttpg_author":{"display_name":"Tax Admin","author_link":"https:\/\/3ataxservicespc.ca\/index.php\/author\/tax-admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/3ataxservicespc.ca\/index.php\/category\/cra-infomation\/\" rel=\"category tag\">CRA Information<\/a>","rttpg_excerpt":"Have you recently incorporated your business? Do you provide services to one other company? You might be considered to be operating a personal services business (PSB) by the CRA. This means your tax obligations are different than other corporations! Check out the CRA\u2019s\u00a0fact sheet on PSBs! It\u2019s intended to help you better understand your reporting&hellip;","_links":{"self":[{"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/posts\/27211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/comments?post=27211"}],"version-history":[{"count":11,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/posts\/27211\/revisions"}],"predecessor-version":[{"id":27414,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/posts\/27211\/revisions\/27414"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/media\/27212"}],"wp:attachment":[{"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/media?parent=27211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/categories?post=27211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/3ataxservicespc.ca\/index.php\/wp-json\/wp\/v2\/tags?post=27211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}