Canada’s current income tax system is based on the concept of self-reporting. This system is great in a perfect world however, the reality is …
Category Archives: Tax
22
Jul
Jul
With the Check CRA Processing Times tool, you can quickly find out when you can expect them to complete your request or get back …
02
May
May
Thanks to Bill C-30, Canadian businesses can write off 100 percent of the purchase price (up to a maximum of $55,000) for electric vehicles, hybrid-electric, …
18
Mar
Mar
If you’re buying/selling cryptocurrency, a crypto tracker is a must-have tool. You’ve probably noticed that the crypto market is becoming just as complex as the …
09
Nov
Nov
Are you wondering if Canadian taxpayers have to pay tax on crypto holdings?
The wild west days of cryptocurrency are in the past. In its …
08
Oct
Oct
Are you the sole proprietor of a Canadian business now earning enough profit to use incorporation as a tax advantage?
Right now, as a sole …
12
Feb
Feb
If you’re planning to sell products online and ship to Canadian customers, you need to know your sales tax obligations.
The growing interest and use …
11
Dec
Dec
Are you curious as to what you can claim for your work-from-home office during the COVID-19 pandemic?
According to Statistics Canada, almost …
21
Aug
Aug
If you’re self-employed or own a small business in Canada, you’ve probably heard that you’re supposed to register for the GST/HST when you hit 30K
…
07
Aug
Aug
Have you not filed your personal tax returns in over ten years?
If you’ve put off filing your taxes for far too long, take inspiration …