The Canada Revenue Agency (CRA) has confirmed that bare trusts do not need to file a T3 Income Tax and Information Return (T3 return) or...

The federal government just announced their Fall Economic Statement for 2023. Let’s look at the tax highlights. From tax expert Gerry...

The Canada caregiver amount is an important non-refundable tax credit that helps caregivers to ease the financial burden of taking care...

What is the Canada Carbon Rebate for Small Businesses The Canada Carbon Rebate for Small Businesses is a refundable tax credit announced...

Seeing a dental professional is important not only for oral health, but for overall health and wellbeing too. In Canada, a third of...

As a GST/HST registrant, you are likely familiar with your responsibility to collect, report, and remit GST/HST on taxable supplies. But,...

On November 3, the Deputy Prime Minister and Minister of Finance released the federal government’s 2022 Fall Economic Statement (FES)...

Great news for businesses. The federal government has extended the Canada Emergency Wage Subsidy (CEWS), until December, 2020.

If you have an outstanding debt with CRA you may be able to change a payment arrangement for an existing tax debt. Reach out to the Debt...

The Canada Revenue Agency will be extending benefit payments until the end of September for those who are unable to file their 2019...

The Canada Emergency Student Benefit (CESB) provides emergency financial relief to students and recent graduates who are unable to work,...

If you have stopped working because of COVID-19, the Canada Emergency Response Benefit (CERB) may provide you with temporary income...

Canada Emergency Wage Subsidy is Now Available Through the CRA. This subsidy helps business owners keep and re‑hire workers amidst the...

The CRA has extended the deadline date for personal income tax returns to June 1st. Although this deadline has been extended, if you...

So, you have been scrolling along your facebook feed, and an advertisement pops up promising thousands of dollars in back pay when you...

When it comes to rental income and tax write off’s there are two expense categories, one is current expenses, the other is capital...

Firstly, we can never be sure if we have to pay income tax until we complete a tax return. Secondly, we need to determine if you have to...

Your teen has a job super! You are thinking 'wonderful', no more bugging me to purchase a candy bar at the grocery check-out counter. You...