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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…
The one mistake that you should never make is to avoid correcting a mistake that has been made regarding your taxes whether it is your error or theirs. The tax system is complicated even for a student, and this is one of the reasons it is advisable to use a quality account to try and…
When starting a new self employed business there is every chance as your business grows that you will need some help with its operation. If you have a family member that is qualified to assist you then you can utilize their services. You are entitled to pay them a wage as you would…
As most people are aware of the tax filing deadline has been pushed back for the Canada taxes until May 5th. due to the CRA site breach by an internet virus. For some this doesn’t mean much, but for others who are right down to the wire with their tax filing those extra few…
It is exciting when you are about to start a new business. You will soon find that there are many things that you need to attend to. Finding out what your responsibilities will be to the CRA regarding this new business venture is something that you do not want to put way down on your “to do”…
Sometimes we look at the small things that we can take advantage of with our taxes as being insignificant and don’t really bother with them. Taking a look at whatever small tax breaks you can get is a good habit to form because they can end up accumulating to a point where they really do…
It is not easy being a single parent, and yet they too have the same tax obligations as any tax payer. It is just as important for the single Mom or Dad to know what these responsibilities are, and if the other parent is involved with the children, then who gets what tax credit concerning…
Well the fear that some people may have had about their tax information being compromised may very well have happened. The CRA has announced that some tax payers information was affected. However, before you truly let panic sink in there are a few things you need to consider. Really in many cases we see…
