- Posts
- Forum
- Post By
-
How to pay business taxes using CIBC Business Account Online without paying fees?
... Payment website and pay business tax payments (PD7, HST, Corp Tax) without paying any fees to TD. However, for my wife's business - she opened a business account with CIBC and it seems CIBC does not appear in the drop-down of banks on CRA's My Payment website. The access card provided is also ...
- Dealfiber
- Dec 13th, 2022 9:07 pm
- Forum: Personal Finance
- Personal Finance
-
Dec 13th, 2022 9:07 pm
-
How to take money out of USD Business Account to CAD? (TD)
I'm with TD and have a US business account, and CAD business account, and CAD personal checking account.I can transfer from my US business to CAD business account but the rate is bad. Google/xe is saying 1.366 today but TD is giving me 1.33.Is there a better way to take this money out?
- lolbeast
- Dec 12th, 2022 10:07 am
- Forum: Personal Finance
- Personal Finance
-
Dec 12th, 2022 10:07 am
-
Can I transfer my business account money to my personal saving account temporarily?
... and then back up. I was thinking of transferring it to my personal high interest saving account and once money is needed to transfer it back to my business account. As far as the tax on interest goes I will be paying it through my personal tax report. Is there any issue with doing this? Basically ...
- persaifi
- Jul 16th, 2022 3:39 pm
- Forum: Personal Finance
- Personal Finance
-
Jul 16th, 2022 3:39 pm
-
[CIBC] Get $400 for opening a cibc business account
Account only needs to stay open for 3 month.Did anyone do this?
- BacktoCanada2015
- Jun 25th, 2022 11:36 pm
- Forum: Expired Hot Deals
- Expired Hot Deals
-
Jun 25th, 2022 11:36 pm
-
$400 CIBC Business account offer
Hello, did anybody open a CIBC account for this offer?It looks like a pretty good deal. No requirements really and account only needs to stay open for 3 month
- BacktoCanada2015
- Jun 25th, 2022 5:16 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Jun 25th, 2022 5:16 pm
-
Investing utilizing Business Account
Morning Fellow RFDers I have an Inc. for my consultancy business. My income goes into business account and I am subjected to income tax when I withdraw the money from it. I live with in my means and have been able to save up around 100K in my chequing account. Looking ...
- ITAspirant
- Jun 21st, 2022 2:43 pm
- Forum: Investing
- Investing
-
Jun 21st, 2022 2:43 pm
-
Investing in a business account or pay out then invest in reg accounts?
Apologies if this has been asked before. I was wondering if anyone has any opinion on what’s the best approach to investing with money from a business account? I am currently pulling out ~120k a year from the biz for living expenses, paying down existing debts and taxes. I have a good 200k+ more ...
- TwinkoStar
- Mar 15th, 2022 1:20 am
- Forum: Investing
- Investing
-
Mar 15th, 2022 1:20 am
-
What's the best Business Account for limited PAD handling
For a small Condominium Corp, I'm looking for a bank account that would allow the Condo Corp to take the monthly condo fees from its owners' bank accounts (based on PAD agreements). There would be a single batch of 8 - 10 condo fees per month. We would also like to make a few electronic payments to ...
- sokolov
- Jan 5th, 2022 4:48 pm
- Forum: Personal Finance
- Personal Finance
-
Jan 5th, 2022 4:48 pm
-
Any bank allow company to open business account if the business deal with virtual currency
Any idea? I checked BMO, RBC, TD, CIBC, Coast capital, all of them does not take any business to open bank account whose primary or secondary activity is in virtual currency.
- MrR4ven
- Dec 8th, 2021 3:55 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Dec 8th, 2021 3:55 pm
-
Adding BN to cra my business account
Does anyone know if anything other than the BN is needed when adding a BN to cra my businesses account portal?I have my BN but not the actual business license paper so I'm not sure if they require anything else from the business license or just the business number.Thank you!
- DomNov8585
- Nov 8th, 2021 12:11 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Nov 8th, 2021 12:11 pm
-
Tax consequence: frequent option trading in personal vs business account
... gain by CRA in both personal and business trading account, and will be taxed at 100% My question is: to pay less tax, is it better to trade in the business account, or move the fund to my personal account in the form of dividend, and trade it there (assuming my personal tax bracket is at the highest) ...
- bigbug
- Nov 5th, 2021 2:38 pm
- Forum: Personal Finance
- Personal Finance
-
Nov 5th, 2021 2:38 pm
-
CRA My Business account problems?
I can't log into My Business Account for about a week now. I keep getting this Error—ERR.010 Our services are not available at this time. Try this process again later. Today something has changed and it started to ask security questions ...
- slavka012
- Aug 10th, 2021 5:49 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Aug 10th, 2021 5:49 pm
-
Investments of funds in Business Account
Hello, My spouse has a business account and is incorporated. He's wondering if he should invest the funds from the business account into a GIC or open a separate business investment account with one of the banks. We don't need the money ...
- AnnCook
- Jul 30th, 2021 4:59 pm
- Forum: Investing
-
Beware TD Business account owners, they are not serious
Hi all, Just share our nightmare problem with TD Small Business Account. We have account with them, usually we receive international payment from our client by wire transfer. Each time, we have to ask them to provide the document with the transaction ...
- TomShopper
- Jun 28th, 2021 12:52 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Jun 28th, 2021 12:52 pm
-
[CIBC] CIBC: Get $75 back for sending money ($100 or more) internationally with a business account
This promo is different from past promos as it is for business accounts. Please note: Sending and asking for referrals here is against the forum rules. What do I need? 1) A business banking account with CIBC 2) An account to send the money to GMT stands ...
- DrDoomsday
- May 15th, 2021 12:39 am
- Forum: Expired Hot Deals
- Expired Hot Deals
-
May 15th, 2021 12:39 am
-
Sending myself expsnse payments from business account
... incorporation as I had to incorporate from a sole prop this year. I pay myself a salary twice a month but I also have to transfer funds from the business account to my personal account for expenses that I pay out of pocket. I use RBC for my business account and Tangerine for my personal account. ...
- lehmanr
- Mar 16th, 2021 3:13 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Mar 16th, 2021 3:13 pm
-
Investing in Stocks/ETF using Business Account (Corp)
Hello. I am fully aware that I should be seeking professional tax / finance advice from a qualified professional but I would like to gather some community input. I have some money in my corporation account that isn't going to be used for the short term and I am thinking about opening a self service ...
- eastyorkstudent
- Feb 24th, 2021 9:56 am
- Forum: Investing
- Investing
-
Feb 24th, 2021 9:56 am
-
Investing with Business Account
Would any red flag be raised if I trade using my Business Account very frequently (like 20 trades a month)? I've noticed RBC has to send me a physical mail each time I placed a trade and now I have a whole bunch of these mails... Appreciated anyone's help on this topic! Thanks!!
- thealpevin
- Dec 23rd, 2020 10:28 am
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Dec 23rd, 2020 10:28 am
-
CRA business account inaccessible
My CRA business account is inaccessible. Can anyone else log in?
- lehmanr
- Oct 22nd, 2020 5:16 pm
- Forum: Personal Finance
- Personal Finance
-
Oct 22nd, 2020 5:16 pm
-
Amazon Business account
... membership fees) couldn't you just keep using that account for any business-related supplies/equipment? What's the advantage of a separate Amazon Business account for those with small businesses, or solo corporations, etc? Doesn't seem worth it to pay Prime membership fees twice.
- konfusion666
- Sep 17th, 2020 1:29 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
-
Sep 17th, 2020 1:29 pm