Canadian Tax Myths
March 21, 2019
There are many tax myths out there, and most are designed to defraud you, or are based in misinformation. Today we will take a look …
Income tax
Staying Compliant with CRA During a Mail Strike
October 29, 2018
In October of 2018, Canada Post workers went on strike. It was not their first (nor likely to be their last) strike. What Happens to …
How to Pay Your Taxes on Time
April 12, 2018
Tick tock! Time is running out to pay your taxes on time. This year’s deadline is April 30. Not only is that the filing deadline, …
Paying Cash to Contractors? Not the Best Move
May 23, 2017
Business owners know it’s all about the bottom line, which is why they get quotes from contractors when they need work done on their assets. …
Squaring up with CRA
May 7, 2017
When Square hit the market in 2010, small businesses across Canada rejoiced that that they finally had a simple way to accept debit and credit …
The RL-31 Deadline is February 28
February 11, 2017
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 …
CRA Gets Serious about International Tax Evasion
January 6, 2017
Canada Revenue Agency (CRA) has never been a fan of tax evasion, but now the agency is pulling out all the stops to take control …
CRA Launches a Big Time-saver (and we have more time-saving tips!)
January 26, 2016
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 …
What is the RL-31 Slip?
October 27, 2015
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 …
Rental Property Investment: Pros and Cons
August 27, 2015
It seems so easy doesn’t it? Especially with shows abounding like Master Flip and Income Property. You find a charming little residence, perhaps put a …
Investments and Taxes
August 24, 2015
Investments are a great way to grow your money. Depending on your risk tolerance, you can invest in everything from stocks to real estate. It …
TFSA vs RRSP
July 29, 2015
TFSA, RRSP, GIC, RESP – when it comes to investing, there are no shortages of acronyms. There is no also no shortage of confusion. Should …