By admin on January 7, 2009 
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Canada Revenue Agency (CRA) expects employers to complete Form T2200 for employees that have reasonable grounds to make expense claims against employment income. If there is some doubt, CRA will provide interpretive assistance.
By admin on January 7, 2009 Leave a comment
Did you know that GST/HST must be remitted on a taxable benefit…
By admin on December 11, 2008 Leave a comment
It has come to light that there are computer programs on the market that allow businesses to hide some of their sales…
By admin on December 9, 2008 Leave a comment
Every year, the Canada Revenue Agency adjusts personal income tax amounts to reflect changes in inflation…
By admin on December 2, 2008 Leave a comment
What happens if you discover that you have not deducted enough CPP, EI or QPIP from an employees pay-cheque? Often time this error is uncovered when the CRA sends you a Notice of Assessment or you may uncover the error… {Read more}
By admin on November 28, 2008 Leave a comment
The CRA requires that you let them know when the directors of your corporation change…
By admin on November 26, 2008 Leave a comment
The most popular tax tool available to taxpayers is…
By admin on November 26, 2008 Leave a comment
If you pay the following expenses by December 31, 2008 they will be eligible…
By admin on November 26, 2008 Leave a comment
You can use your 2008 capital losses to reduce your current year’s income taxes…
By admin on November 26, 2008 Leave a comment
Consider a Registered Education Savings Plan (RESP) for your children. Review your December income tax installment. Repay outstanding shareholder loans and pay interest on employee loans. Contribute to your spouse’s or common-law partner’s RRSP to the extent of your RRSP… {Read more}