Taxation

NEWS & UPDATES

It's Almost Tax Time Again

For most of us 2023 will hopefully be a year of normalcy and consistency, however, if shooting down spy balloons is any indication....

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Tax Season is Upon Us!

Two years of an ongoing COVID-19 pandemic and now a war in the Ukraine have made for some challenging times....

It's Tax Time Again!

Well 2020 was certainly a different year in every respect, and there were days that I certainly felt like my squirrel friend above...

Voluntary Disclosures Program

The Canada Revenue Agency (CRA) refers to the Voluntary Disclosures Program (VDP) as a second chance to correct your taxes. The program...

Tax and Ethics

Tax practitioners help their employers and clients to understand and meet their tax compliance obligations, and to know what tax planning...

2019 Income Tax Questionnaire

As we have now started tax season and you are in the process of accumulating all of your documents...

New 2018 CRA Allowances for Company-Use Vehicles

To keep up with the rising costs of operating vehicles, Revenue Canada has increased the maximum tax-exempt car allowance deductible for...

Registered Retirement Savings Plans

The 2017 RRSP contribution limit is 18% of your 2016 earned income to a maximum of $26,010. (For those who have not topped up every year...

Small Business and the CRA

Owner-managers work hard in their businesses but are often overwhelmed by the reporting requirements for the Canada Revenue Agency...