Do Canadians Really Pay More Taxes Than Americans? Most Canadians believe they pay more taxes than their counterparts in the United States. Even politicians in the Canadian parliament have argued for lower taxes using this reasoning. Before claiming t... Accounting Taxes Aug 16, 2022
Canadian Federal, Provincial And Territorial budgets The Canadian federal, provincial and territorial governments each have their unique way of answering these questions. This is why Canadians need to know about these budgets to make informed decisions ... Accounting Taxes Aug 16, 2022
15 Expert Tips To Help Small-Business Owners Better Manage Financial Risk Small business owners usually have a tough time preventing financial risk from becoming a problem in their business. Still, there are some easy ways that they can take action to mitigate some of the p... Accounting Taxes Aug 16, 2022
What’s in the Ontario budget? Highlights from the 2022 fiscal plan The Ontario budget is usually one of the most anticipated annual statements of the provincial government. The release of the government’s fiscal plan is the perfect way to get a sneak peek at what the... Accounting News Taxes Jun 22, 2022
BONUS IN YOUR RRSP TRANSFERRING A BONUS TO YOUR RRSP WITH NO TAX WITHHELD As part of your remuneration, if you receive a bonus or other lump-sum payment, you might want to ask your employer to send them directly to your... Taxes Jan 3, 2022
Holiday Bonus For Employees It’s the time of year when you might be wondering how to give your employee a holiday bonus and gift. Giving employees gifts and bonuses is subject to CRA rules that determine whether the benefits are... Taxes Dec 20, 2021
Airbnb: Rent Your Property Thousand of Canadians use AirBnB or another online platform to rent out their homes. If you’re considering joining this market, be careful about the tax implications. Here is a closer look at how usin... Taxes Dec 14, 2021
2020 T4 Reporting Requirements and Form PD27 The CRA introduced additional T4 reporting requirements for the 2020 tax year that are applicable to all employers regardless if they applied for government assistance programs during the pandemic or ... Taxes Mar 1, 2021
Contribution limits for 2019 and 2020 Did you save towards retirement this year? If you contributed to your registered retirement savings plan, you will receive a tax slip from your financial institution. If you have not contributed yet b... Taxes Jan 9, 2021
Personal Tax Return Checklist For Canadians Tax time does not need to be stressful! Organizing your documents prior to meeting with our tax specialists is as easy as reviewing the following lists of the most common information slips required to... Taxes Jan 9, 2021
