By Elias Zafiridis and Michelle Kosarnia ( April 23, 2024, 2:29 PM EDT) -- Embarking on a new business endeavour is an exciting venture, yet it carries a myriad of responsibilities, particularly in the realm of tax management. Understanding the nuances of the Canadian tax landscape is of paramount importance for new businesses and entrepreneurs given its profound influence on the financial well-being and prosperity of a business. This article will explore tax planning strategies tailored to new Canadian businesses, exploring the various types of business structures as well as leveraging startup tax credits....