December 20, 2019
Jamie Golombek: For one, there’s an increase to the basic personal amount Canadians can earn before facing federal income tax This week, the government announced increases […]
December 4, 2019
December 31, 2019 is fast approaching… see below for a list of tax planning considerations. Please contact us for further details or to discuss whether these […]
November 6, 2019
‘They told me it was untaxable in 1965’ no excuse for failing to declare income, judge finds Jamie Golombek: You can rack up significant penalties and […]
November 2, 2019
Published by Andy Gill at November 2, 2019
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TAXABLE BENEFIT: Parking Pass In a June 10, 2019 Federal Court of Appeal case, the Court upheld the previous Tax Court decision which classified an employer-provided […]
September 13, 2019
Published by Andy Gill at September 13, 2019
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Should you donate personally or through your corporation? In Alberta, there is an added incentive to make donations personally, as each dollar of donations (in excess […]
September 1, 2019
Published by Andy Gill at September 1, 2019
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Did you know that a corporations can also benefit from a life insurance policy? Insurance policies can be more than just offering funds to cover funeral […]
August 20, 2019
Published by Andy Gill at August 20, 2019
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SPECIAL WORK SITE ALLOWANCE: Home Base Needed In a January 29, 2019 Technical Interpretation, CRA discussed the criteria for tax-exempt allowances for board and lodging received […]
May 18, 2019
Guidance from the Government of Canada on the new CPP regime, with a specific focus on the age to start your CPP retirement pension is now […]
April 10, 2019
Published by Andy Gill at April 10, 2019
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Professional consulting services are essential to the stability and growth of every business. The solution to your strategical challenges requires a second set of eyes from […]
March 29, 2019
TAX TICKLERS… some quick points to consider… The annual TFSA contribution limit for 2019 will be increased to $6,000 (from $5,500) due to indexation. For those […]
March 23, 2019
Published by Andy Gill at March 23, 2019
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On March 19, 2019 the Honourable Bill Morneau, Minister of Finance, presented the 2019 Federal Budget, Investing in the Middle Class, to the House of Commons. […]
March 17, 2019
Canada Revenue Agency Payment Options CRA My Payment Our top recommendation for paying any tax balance is through CRA’s “My Payment” function that allows you […]
February 19, 2019
Published by Andy Gill at February 19, 2019
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Do you ever feel you are wasting too much time handling all the invoices, recording purchases or finding that one missing transaction? Don’t you think you […]