For most Canadian businesses, 2020 was an irregular year at best.
In a January 2021 survey, the Canadian Federation of Independent Businesses found that one in six—or about 181,000—Canadian small businesses are considering closing for good.
Other businesses experienced disruptions or a lower volume of work throughout 2020, while some entrepreneurs, particularly those who serve the tech industry, may have had record-breaking years.
Original Article Source Credits: Freshbooks , https://www.freshbooks.com/
Article Written By: Heather Hudson
Original Article Posted on: NA
Link to Original Article: https://www.freshbooks.com/blog/2021-small-business-tax-return?fb_dnt=1