An RESP is a special savings plan. It helps you, your family or friends to save early for a child’s education after high school.
An RESP is a special savings plan. It helps you, your family or friends to save early for a child’s education after high school.
It’s crucial to know whether your workers are employees or independent contractors.
Improper input tax credit (ITC) documentation is one of the main reasons for GST/HST reassessments. Proper invoices to support ITCs are required by Canada Revenue Agency auditors.
For example, the input tax credit may be disallowed if only the credit card slip is provided rather than the actual invoice.
The supplier’s GST/HST registration number should be printed [...]
The Canada Revenue Agency (CRA) announced on December 3, 2009 the prescribed annual interest rates
Consider some of the following tax planning strategies as part of you year end tax planning
If you pay the following expenses by December 31, 2009 they will be eligible for the deductions of credits
The most popular tax tool available to taxpayers is investing in a registered retirement saving plan
Chances are your home’s leaking energy. A lot of energy and a lot of money.
If you build or purchase a new home, you may qualify for a rebate of a portion of the GST/HST paid
The non-refundable Home Renovation Tax Credit (HRTC) is based on eligible expenses for work performed