Do you know that the new Payroll Deductions Formulas for Computer Programs effective January 1, 2010 is now available on the CRA Web site.
Category: Tax Alerts
2010 indexation adjustment for personal income tax and benefit amounts
Each year, certain personal income tax and benefit amounts are indexed to inflation
Tis the season for charitable giving
Announced today, the Honourable Jean-Pierre Blackburn, Minister of National Revenue
Use Capital Losses
You can use your 2009 capital losses to reduce your current year’s income taxes by applying such losses against
$750,000 CAPITAL GAINS DEDUCTION
You can make use of the lifetime $750,000 capital gains deduction if you dispose of shares in a qualified small business corporation,
Vehicles Powered by Alternative Fuels
Did you know that if you purchase or lease a vehicle that operates on alternative fuels, you may qualify for a rebate?
Eligible Expense For Taxpayer With Investments
Taxpayer with investments may be eligible to claim certain deductions which relate to carrying charges and interest expenses.
Interest Rates Announced By The Ontario Ministry of Revenue
The Ontario Ministry of Revenue today announced the interest rates.
Selling Goods On eBay May Result In Taxable Income
Do you sell goods on eBay? Canada Revenue Agency (CRA) has obtained a court order requiring
Employer Health Tax – Guide for Employers
Do you know that employers have to pay Employer Health Tax (EHT) on the remuneration (wages, bonuses, benefits, etc.) paid to employees or former employees who: Report for work at a permanent establishment of the employer in Ontario, or… {Read more}