What’s new for 2018 tax-filing season?

The federal government is ending four child tax credits this…

Do you have to make GST/HST installments?

If you are an annual filer and your net tax for a fiscal…

What’s new for 2015 tax-filing season?

Arguably the most important change for the upcoming tax…

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…