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How to Handle a Tax Preparation Catchup When You're Behind
Running a small business in Canada comes with a long list of competing priorities. Between managing clients, paying employees, and keeping the lights on, it's easy to let bookkeeping slip. Before you know it, tax season rolls around and you're staring at a pile of receipts, invoices, and bank statements from months ago. That's when a tax preparation catchup becomes necessary. It's not ideal, but it's a situation many business owners find themselves in at least once. The k