New Changes and New Credits for the 2023 Tax SeasonThe 2022 tax year has shown a steady transition back to the norm of pre-pandemic tax considerations. While the government is still...
A Business’s Guide on How to Prepare for Tax SeasonSoon it will be time to file your business income tax return. Whether you are self-employed or have a corporation, it is important to get...
CRA Income Tax ReviewA 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...
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 YearWith 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 ProfitabilityBusiness ethics refers to the moral principles (trustworthiness, respect, fairness, and caring) that guide the day-to-day operations of a...