The 2014 4rd quarter edition of tax Tips and Traps is out! In this edition: Tax ticklers – Quick points to consider Small Business Job Credit CRA Liaison Office Initiative Principal Residence – Partial conversion to an office Tax Payments – Online Collections Options – When you owe the CRA and can’t pay Estate Planning – Digital assets Registered Charities…
The 2014 3rd quarter edition of tax Tips and Traps is out! In this edition: Tax ticklers – Quick points to consider CRA checklist for small business Donations through your Will U.S. Tax Amnesty Directors liability Moving expenses Price adjustment clauses Travel expenses Verifying a social insurance number Foreign property reporting (T1135) relief! Internet business activities Download your copy of…
The 2014 2nd quarter edition of tax Tips and Traps is out! In this edition: Internet business activities Simplified HST reporting for small business Salary for owners and family members CRA audits of charities Tax costs of crowd funding Scholarship and training benefits Separation and the dependant tax credit Web tips for business Download your copy of Tax Tips &…
Our Q1 2014 Tax Tips and Traps newsletter is out! In this Edition Medical expenses and related travel costs Medical expenses and home renovations What is your marital status? Splitting up (Divorce) and transfers of property Fitness club dues as tax-free benefits? Insurance policy transfers Charitable donations of free rent Web tips for living in retirement Download your copy of Tax Tips & Traps.
Although the end of 2013 is still several weeks away, many income tax planning opportunities for individuals and businesses must be taken care of before the end of the calendar year. This newsletter contains a number of tax planning opportunities that you should think about before the end of 2013 as well as considerations for the first part of the new year.…
Over the next 2 – 3 weeks, you will start receiving your tax slips in the mail. Most T4’s and T5’s must be submitted to you by the end of February and T3’s will follow a short time after. As you start getting ready to file, you may want to consider using a professional to help you with your tax…
