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In a move you would expect to happen in other countries with a longer history of corruption and cronyism the CRA has come under fire for the handling of a scandal involving accounting firm KPMG. It would appear that the Freedom of Information Act requests for details by CBC on alleged scandal the have been…
One of the things that most people want to avoid when it comes to their tax obligations is putting themselves in a position where they are going to become a target for an audit. Even if you’ve done nothing wrong the premise that an audit is going to be conducted on you can be almost…
Most individuals that are going into business are well versed in what their business is all about. They know that they have a good product or service and they know everything about this. What they may not have is the business experience that comes with owning a business. This is where a business coach may…
Each year individuals that are doing their own tax filing desperately hope that the process will get easier. Yet each year it seems to get more difficult. This year when individuals were looking for their notice of assessments some may have not got it and when requiring this from the CRA they ended up…
While we have just passed another deadline to contribute to your RRSP’s there are many that have this form of savings but have found that they are ending up having to dip into it because their financial situation is so tight. A recent survey has shown one that one in five people have had to…
One of the most important campaign promises that our new Liberal government made during the election campaign was to have an equal tax system for all. With the latest news being made to the public about the amnesty that was being given to the KPMG clients this is really going to create an accountability for…
Everyone tends to hold their breath when they know a new budget is about to hit the table in Ontario. This year of 2016 has been no different, although it has left some very disgruntled while others are quite happy. W hich category you fall into is all going to come down to your…
The first year of your divorce means that you are now responsible for you doing your own taxes and it can be a little bit confusing. You have to declare what your marital status is and if you are separated or divorced then you will be filing as a single individual. One of the…
