CRA Income Tax Review
A CRA review is not a tax audit. The biggest difference between a tax review and a tax audit is that a tax review may be completed in a...
Staying Calm During Stressful Situations
The past year and a half has stressed everyone throughout the world. No matter how good your coping mechanisms are, there has been an...
The Changing Role of CPAs
The role of CPAs is changing as is evident by the new CPA exam implemented by the American Institute of Certified Public Accountants...
Six Ways to Support Employees During a Pandemic
The pandemic has been hard on everyone, financially, mentally, and professionally. As a business leader, you may be bottom-line driven,...
2021 Federal Budget
The new Canadian federal budget was tabled on April 19, 2021 by finance minister Chrystia Freeland. The federal deficit is estimated to...
New Simplified Home Office Deduction for 2020 Income Tax Year
With the onset of the COVID-19 crisis in 2020, numerous employers allowed their employees to work from home. It is for this reason that...
Blockchain: Responsible for Increasing Transparency
You have probably heard of Blockchain. It is the computer technology that is used for cryptocurrency trading, but this is only one of...
Checklist for Preparing Your 2020 Income Tax
While doing their income tax, individuals and businesses often forget to claim deductions that could really benefit them and that might...
Proposed Digital Services Tax
A proposed Digital Services Tax (DST) could raise up to $1.2 billion over five years in Canada, which the Federal government wants to...
Business Ethics and Profitability
Business ethics refers to the moral principles (trustworthiness, respect, fairness, and caring) that guide the day-to-day operations of a...