Many times new business owners believe that when they go to buy items needed for their business that they can use these as an expense write off for their business taxes. They make huge investments then when they sit down with their Toronto accountant they are shocked to discover that they are only allowed to claim…
One of the biggest complaints that small business owners across Canada have is the complexity of the tax system and the red tape they have to endure when dealing with the tax department. It would appear that the Government does listen and in fact has been listening way back since 2010. Now listening…
Perhaps you have had questions to some Canada Tax issues and you have resorted to the internet to find the answers. This is a great resource but one you need to use with caution. There are tons of accounting articles and information available to you but you really need to know something about the source that is…
With today’s modern technology especially with the internet and its related products, it is not too difficult for an unsuspecting individual to find themselves in trouble with their accounting matters and even the CRA. Almost everyone wants to save a buck or two whenever they can, and when it comes to taxes anything that…
Making a quick call to the CRA probably doesn’t seem like all that big of a deal for you, especially if it’s a fairly common question that you have to ask. If it is a bit complex or has something to do with the answer having a significant impact on your business then you may…
Stop International Tax Evasion Program One of the items proposed in yesterdays budget by The Honourable Jim Flaherty, Minister of Finance, is to launch the Stop International Tax Evasion Program under which it will pay rewards of up to 15% of the federal tax collected to individuals with knowledge of major international tax non-compliance…
Canada Revenue Agency – New Business Landing page New Canada Revenue Agency (CRA) landing page for businesses makes it faster and easier to handle your company’s tax matters. Either yourself or your representative can file, pay, and access detailed information about your tax accounts online. The new web page can be accessed at http://www.cra-arc.gc.ca/businessonline…
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.