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Some tax payers like to stay on top of what their favorite political party is doing on all issues and especially the tax front. Then there are others who don’t follow politics at all, and will only show some fleeting interest when a tax issue is brought forth in the media. Yet, most tax payers are not…
As a business owner your tax season has either ended or is drawing to an end. Some companies have a more stressful time than others at this time of year, and a lot of it has to do with being organized. Running a business even as the boss is time consuming and in many…
We all like to hear about tax cuts but often when it is focused around business breaks the personal tax payer becomes frustrated. As we have mentioned before, often during an election taxes will become part of the different politician’s platforms, and sure enough for the latest Ontario Provincial election it has come to the…
There are some people who consider themselves to be quite well versed in the Canadian tax programs, while there are others who openly confess they know almost nothing about tax other than they have an obligation to pay it. So if you fall into that category as to knowing nothing about taxes who should…
When it comes to paying your Canada tax, like most people you look at it as one lump payment obligation to the Government of Canada. What we often forget to remember is that our total tax payments are actually divided between two levels of government. We usually grumble about not only the fact that…
For the individual personal tax payer who has been handling back tax affairs with the CRA they will tell you that it is always the little person that the tax department goes after. This segment of the government is taking pride in their transparency, which means they now can now disclose who they have…
You may be thinking that because you are delinquent with your taxes and at this time of year the CRA are so busy with the annual tax returns that they are going to forget about you for awhile. Don’t count on this as there are many different departments within the tax segment of the Canadian…
Well you finally feel like you can breathe a sigh of relief. You got your taxes completed and mailed in just before the deadline. Now you have a few months to not have to worry about this obligation and can get on with other business at hand. Within a few weeks you…
