The Canada Revenue Agency and Revenu Quebec are major stakeholders in any business. Every business owner must ensure that they are following government rules and procedures.
The filing deadline for 2016 taxes is April 30, so time is running out if you’ve been putting off this important chore. You get a very slight reprieve this year since April 30 happens to …
It’s tax time and that means Canadians are hunting for the tax deductions that are going to reduce what they owe. It also means some people are going to really stretch the facts to try …
Buying and renting out real estate is a way many entrepreneurs earn a passive income, and if you are one of them, don’t forget about the swiftly approaching RL-31 deadline. The RL-31 filing requirements apply …
The roll-out of new GST/HST notices of assessment from the CRA has started. If your business has not already received an assessment in the new format, keep your eyes open. You will see one soon. …
The structure of your business affects your tax rate. Before you open your own company, here is what you need to know. There are three company structures: Sole proprietorship Partnership Corporation Sole proprietorship’s make up …
Don’t you just love things that save you time? If you enjoy having more time to yourself and like using your work time efficiently, you’re in luck; on February 8, Revenu Quebec announced a new …
Canada Revenue Agency has announced the acceptance of Visa® Debit cards for their My Payment service. This payment method launches on February 15, 2016. My Payment allows both individuals and business owners to remit CRA …
If you own or operate a non-profit organization, your tax reporting differs from a profit-driven company, however you may still have to file and report. This blog will discuss your tax and reporting obligations. Did …
When you have a complaint about the conduct of a Canada Revenue Agency (CRA) employee, or an issue with the service you received, you can turn to the Taxpayers’ Ombudsman. Who is the Taxpayers’ Ombudsman? …
Real estate tycoon. It has a nice ring to it doesn’t it? Real estate has always been a favourite investment for Canadian risk takers and thanks to income properties and other developments, many are learning …