Small businesses play a pivotal role in the Canadian economy. To encourage entrepreneurship, the CRA has implemented a bevy of tax incentives that allow small business owners to deduct a number ...
The economy has evolved as technology advances, so too, should the CRA innovate its auditing and verification techniques, argued by National Post. In less than a decade, the number of Canadians ...
Do you believe that the world will become freer? Do you envision a future where the concept of virtual currencies will eventually zap all such constructs as nations or governments? If ...
If you’re a shareholder of a Canadian corporation, you will receive a T5, Statement of Investment, which documents your dividend income. If you’re an employee entitled to the company’s shares, ...
Dwindling the birth rate has dire consequences. With a swelling aged population that zaps pension funds, old people won’t be able to retire from senior positions, making it even harder for ...
Mega: What you have in your bank account isn’t all yours to spend. For startups and small businesses, spending the taxes you withhold for the CRA could spiral down into serious ...
Life hasn’t returned to normal yet; for better or worse, it probably never will. But despite all the changes in old habits we are weaning off with reluctance, life goes on, ...
The tax season is coming! What do you need to notice when filing the tax forms for your 2018 tax year? Here are a few changes you may want to know: ...
There is a misunderstanding among the international students that they don’t need to file tax like local residence. Actually, If you sojourned in Canada for 183 days or more (the 183-day rule) in the tax year, you need ...
An average Canadian family with two children will see approximately $200 increase in Canada Child Tax Benefit payments in 2018, and about additional $500 in 2019 In the last fall economic ...