Did you know that businesses are just as prone to scams as you are? The CAFC (Canadian Anti-Fraud Centre) reported that they received over 2,500 reports of business fraud with a total reported loss of over $17,000,000 in 2018. These numbers ...
Congratulations, you have successfully filed your taxes! If you are someone who is receiving a tax refund this year, it's time to decide what to do with your new mula. Is there a little devil on your shoulder telling you to treat yourself? ...
Tax season is quickly coming to an end on April 30th. If you have already successfully filed your taxes before the deadline then this blog is not meant for you. If you are a procrastinator and haven't sent in your return yet - keep ...
We all know how difficult it is to figure out what you can and cannot claim on your tax return. Here are some strange things that people have tried to claim. Enjoy! Lottery Tickets Who doesn't love a good scratch-off ticket? Unfortunately lottery ...
It's that time of year again - Tax Season! Are you organized? The first step is to set aside a day to go through documents and paperwork that you have collected over the year - you may be surprised by what you can submit on your tax ...
When grieving for a loved one the last thing on your mind is their tedious tax obligations. Here are some important steps to help you through! Decide on an Executor An executor (Personal Representative) is someone who ...
With a new year often brings new tax rules and regulations. Here are a few new changes that you may want to know about. EI Premium Rate Lowered Thanks to strong employment numbers there's less of a demand for EI (Employment Insurance). EI ...
Are you contemplating hiring a Chartered Professional Accountant for personal, business or for a non-profit organization? Here are a few reasons why it's totally worth it! Save Yourself Some Cash Have you refrained ...
The Principal Residence Exemption If your home is solely your principal residence for each year you have owned it, you may not have to pay tax on the gain! What is it? The principal residence exemption is an ...
If you're one of the roughly one million American citizens living in Canada - the IRS is watching you! Here are common tax traps that people often fall for. You look like, sound like, watch hockey like, and enjoy poutine like every ...
