By Liz O'Dowd on August 30, 2012 
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In a recent Tax Alert titled “Abuse of Source Deductions and GST/HST Amounts Held in Trust” CRA warned that businesses must hold source deductions and GST/HST amounts in trust for the government. Penalties and interest and possibly personal liability for… {Read more}
By Liz O'Dowd on August 30, 2012 Leave a comment
Corporations with annual gross revenue of more than $1 million will be required to Internet file their corporation income tax returns for tax years ending after 2009. Corporations that are exempt from mandatory Internet filing are: insurance corporations non-resident corporations… {Read more}
By Liz O'Dowd on May 11, 2012 Leave a comment
If you owe money to any of the tax authorities because you failed to file a return for one or more years, you can make a voluntary disclosure. You will pay only the tax due plus interest. No penalties will… {Read more}
By admin on April 23, 2010 Leave a comment
Did you know that even if you don’t owe taxes, you should file your 2009 income tax return by