Personal Tax Guide 2024
Personal Tax Guide 2024 Tax season can be overwhelming, but with the right knowledge and preparation, you can maximize your […]
Understanding RRSP in Canada
Understanding RRSP in Canada An RRSP (Registered Retirement Savings Plan) is one of the most popular tools for retirement savings
Money Received from Abroad: CRA Reviews
Money Received from Abroad: CRA Reviews As of 2015, financial institutions must report electronic fund transfers (EFT) into Canada of
Estimated Sales by CRA
Estimated Sales by CRA: Audit File Selection & Assessment In an attempt to identify unreported revenue, CRA and Revenue Québec
Auditing Old Tax Returns
Auditing Old Tax Returns: CRA Abilities and Limitations CRA may reassess the tax returns for CCPCs and individuals within three
Principal Residence Exemption: CRA Project
Principal Residence Exemption: CRA Project In early 2022, CRA began to send out education letters in respect of individuals claiming
Old Age Security (OAS): Clawback Planning
Old Age Security (OAS): Clawback Planning Individuals who normally receive OAS are occasionally surprised when some OAS is subject to
Expanded Access to Tax Credit for teachers
Teachers & Early Childhood Educators: Expanded Access to Tax Credit The eligible educator school supply tax credit is a refundable
Small Business Air Quality Improvement Tax Credit
Small Business Air Quality Improvement Tax Credit : Could Your Business Benefit? The December 14, 2021 Economic and Fiscal Update
TFSA Annual Limit, Climate Action Incentive
TFSA Limit, Work from Home, First time home buyers, Climate Action Incentive Some quick points to consider… The annual TFSA