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Small-Town Subcontractors
CRA Investigates Small-Town Subcontractors CRA audits on construction subcontractors In 2016, CRA auditors reviewed municipal building permits in smaller communities. The auditors were checking for...
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Get online mail with the CRA
Online mail with the CRA the fastest way to get your tax correspondence Getting Online mail with the CRA Now, when you file a return using GST/HST NETFILE or certified T2 EFILE software, you can sign...
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Employment Insurance Benefits for Self-Employed People
Self-employed Canadians are able to voluntarily access Employment Insurance (EI) special benefits. There are four types of EI special benefits: Maternity benefits (15 weeks maximum) available to...
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Withholding Information from the CRA
Are you withholding information from the CRA? Will an auditor discover information online about activities that you have failed to report? Withholding information from the CRA If you run your own...
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Tax changes to expect when you’re expecting a baby
Expecting a baby? Congratulations! If you have a new baby or expecting a baby, there are plenty of credits and benefits you may be eligible to receive. Important facts Automated Benefits Application –...
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Top things families should know about tax benefits, credits and deductions.
There are many benefits, credits, and deductions to help your family with expenses throughout the year and reduce the amount you owe at tax time. Child and family benefits Canada child tax benefit...
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Why You Need a Professional Tax Preparer for Your Business – 8 Points to...
Preparing income tax returns as a small business can be challenging. Tax laws change continuously, and keeping up with all of these filing requirements can be daunting for the busy business owner. In...
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Voluntary disclosure
If you owe money to any of the tax authorities because you failed to file a return for one or more years, you can make a voluntary disclosure. You will pay only the tax due plus interest. No penalties...
View ArticleSalary Paid to a Family Member
Do you have salary paid to a family member? On one side, there is the question of the risk involved that the salary may be unreasonable and having the expense being disallowed. On the other side, there...
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Principal Residence Tax Reporting
Has your principal residence been sold recently? Principal residence sold this year? In 2016 an administrative change to CRA’s reporting requirements for the sale of a principal residence (PR)...
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