Understanding HST Registration for Canadian Business Owners
Guide for Canadian business owners on understanding and navigating HST registration requirements. Dive deep into the importance, challenges, and insights.
Tag Tax
Ok. I’m Incorporated. Now What? – Corporate Tax
A guide to newly incorporated Canadian business owners who want to understand what their corporate tax filing requirements are.
Ok. I’m in Business. Now What? Managing your CRA Business Account
Understand what is involved in managing your CRA Business Account. How to register and authorize a representative.
Successfully Managing RRSP Overcontributions: The Steps That Make the Journey
I recently, successfully, helped a client who had an RRSP overcontribution in excess of $100,000 obtain a waiver of some very hefty penalties (Ed: He means to say excessive). If you have overcontributed to your RRSP, you’re subject to a…
Why DIY Bookkeeping is Like a Game of Jenga (But With Your Finances)
So, you’re thinking about handling your company’s bookkeeping and accounting on your own. I’m here to let you know, that’s like playing a game of Jenga with your finances. It might seem like a fun idea at first, but as…
The Tax Man Cometh
With the Thanksgiving long weekend, I’m thankful to work in a profession with a number of excellent colleagues, and awesome clients who allow me to do so and the trust they place in me. I’m less thankful for the new…
Stop the Year End Hangover!
One of the great things about being a business owner and having to sort out the running of a business is I get to experience some of the headaches and pains that my clients dealt with when I was an…
Fall 2021 Federal Economic and Fiscal Update
Enhanced Support for TeachersUnder current rules, teachers and early childhood educators may claim a 15-per-cent refundable tax credit based on an amount of up to $1,000 in expenditures made in a taxation year for eligible supplies. This is being updated…