How Does Working Remotely Impact Your Income Tax Deductions?With the onset of the COVID – 19 pandemic, numerous employers opted to allow their employees to work from home. Now that the restrictions...
Bill C-208 and How It Can Affect Your Family BusinessBill C-208 amends the Income Tax Act to reduce taxes that must be paid when a business owner wishes to sell shares of their farm, fishing...
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...
The Benefits of RRSPs WithdrawalsBuying RRSPs can provide you with great tax savings in that they can be deducted to reduce your taxable income, and they can also be...