New 2014 Family Tax Cut Credit

The Government has recently introduced the Family Tax Cut,…

CRA, Tips and Underground Economy

Before we start, I would like to issue a warning: this…

Lessons Learned from 2014 Tax Filing Season

Summer is a perfect time for hunting…in case we are talking…

How to Get Money Out of Your Corporation?

Let’s assume you are doing good, and your business is…

Changes to the Foreign Income Verification Form – T1135

In 2013, the CRA announced the launch of a strengthened…

What’s new for 2014 tax-filing season?

Below is the list of some new or improved tax relief measures…

Crowdfunding Is Taxable – CRA

 In a nutshell, crowdfunding is a process where startup…

Tax Tips for Procrastinators: How to Get Money From the CRA

Benefits of Filing Your Tax Return Even if you do not…

To Incorporate or Not?

There is no easy answer to this question, but we will try…

Claiming Employment Expenses

The Income Tax Act is very specific about the expenses…

Is the Quick Method Good For You?

With the so-called “quick method of accounting”, business…

CRA Calls Small Businesses a “Priority”

In the middle of October, 2012 the CRA published the new…

Changes to the CPP for 2012

Changes to the Canada Pension Plan in 2012 came as a nasty…

2011 Year-End Tax Planning Tips

As we approach the end of 2011, it’s a good time to…

Tax changes in 2011

Budget 2011 Below is the review of some of the important…