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Now that for most of us the tax season is behind us, but for some this will not be the case. You may receive an assessment of your taxes and the first thing you want to do instead of just filing this away is to read it carefully. It will either agree with what you…
Most tax payers just accept the fact that the CRA is the government body that is responsible for the Canadian tax system and don’t give it any more thought than that. Newcomers to Canada, or those who were students and now have entered the working world begin their first experience with this governmental department. To…
Most of us know as Canadians that when spring arrives that tax time also arrives. For a month or so we scramble around getting all of our documents in order and finding the right kind of help to get our tax forms completed and sent in on time. It is now that we show…
As soon as we hear the title CRA we automatically assume it is the Canada Revenue Agency and it demands a certain amount of respect. We don’t really think that anyone would be brazen enough to present themselves as this government organization when they are not, yet it does happen. A good example of…
You have finally mastered your tax obligations as a married couple, now everything changes because you have added a new little one to your family. You are now going to have to make some adjustments to the way you file your taxes and also you and your spouse will have some tax decisions to make.…
You may not have begun with the intentions of starting a part time business but an opportunity came along and you just couldn’t resist. Perhaps you are a crafts person and your finished products are becoming in demand where you have developed a market for them. Or maybe you have become the neighborhood…
A lot of time throughout life we get ourselves into trouble simply because we have developed some bad habits. While most of the time these aren’t too serious there are some that can cost us money without even realizing it. One of these areas is your taxes, and you may discover that once…
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…
