For many people, even a fair amount of business folk, their eyes glaze over when accounting and record keeping are discussed. Talking about numbers and discussing tax issues with confusing acronyms like RESP and CESG aren't nearly as fun as talking ...
“Diversity is our strength,” said Canadian Prime Minister Justin Trudeau last January in a display of “compassion one-upmanship” with US President Donald Trump. Mr. Trudeau must be thrilled, therefore, to survey the wide diversity ...
(or; How “Temporary” Means “Over a Century” in Canada)
Tuesday, July 11, 2017
1917 was quite a year in Canadian history. It was the year of the Great Halifax Explosion, which many historians now admit wasn’t even as great as, say, The Great Depression. As well, 1917 was the year Canadian troops captured the village of Passchendale ...
It's not what you think but you need to know about it.
Thursday, January 05, 2017
The Canada Revenue Agency (CRA) must work harder to keep Canadians safe from savings scammers who use the questionable practice of "RRSP stripping" to evade the taxman. This directive was handed down by Tax Court judge, Justice Patrick Boyle, according ...
Why Professional Accounting Should Be the Last Business Expense You Cut Many small to medium business owners are having a tough go of it in Alberta's post-boom landscape. When the road gets rocky, all a company can do is to keep their bottom-line ...
Many of us have encountered those nasty phone calls from menacing people with thick, foreign accents claiming to be from Revenue Canada and threatening jail or worse if we don't send them money immediately. It is a scam of which I warned my clients ...
It is important to Canadians to take care of those who are most vulnerable in our society. In fact, our country has recently been named one of the most socially progressive nations on the planet (second only to Finland in this ranking according this National ...
The Canada Revenue Agency is, of course, the federal government department responsible for collecting income taxes, along with a myriad of other revenue sources. Given their mandate, though, it may seem odd to some a person's name is part of their ...
The vast majority of us have at least one acquaintance that has horror stories of being put through the ringer of a Canadian Revenue Agency audit. It’s not just the high flying, big money types that attract the attention of the CRA police, however. ...
We make a living by what we get. We make a life by what we give. – Winston Churchill As a CPA, CA who dedicates a significant portion of my practice advising local non-profits with tax concerns and Society’s Act reporting, I come into contact ...
