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 ...
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 ...
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 ...
Do tax modifications affect me? What Canadians should recognize for 2018 Professionals state that specific tax obligation debts for trainees as well as caretakers have actually been removed, making it more difficult to obtain a reimbursement. Canadians ...
The first time we warned people via this blog about phone scammers claiming to be with the CRA was way back in October of 2015. Back then, a rash of overly-aggressive, fake CRA representatives were calling people to threaten legal action, even prison, ...
The Government of Alberta has updated the Employment Standards Code and many of the new rules will be in full force on New Year's Day 2018. This change to our labour code will have a lot of ramifications for businesses, farms and everyone ...
