CERTAIN EXPENSES CAN REDUCE TAXES Various deductions and credits can help to reduce the amount of taxes payable to the Canada Revenue Agency (CRA) each... View Article READ MORE
INFO SLIPS NEEDED FOR 2018 T1 Yes, it is that time of year again – time to file your personal income tax returns. Before you bring... View Article READ MORE
TAX CHANGES FOR 2018 There are few changes to personal income taxes in 2018. Most personal tax rates remained the same in 2018 as... View Article READ MORE
CRA INTEREST RATES RISING The interest rate charged by the Canada Revenue Agency (CRA) on late payments was raised in 2018 for the first time... View Article READ MORE
DID YOU KNOW… A recent report by the Auditor General found that there are several issues with Canada Revenue Agency call centres. There... View Article READ MORE
EMPLOYMENT INSURANCE RATES REDUCED The 2019 Employment Insurance (EI) Premium rate will be going down in 2018. The rate will be decreasing from $1.66... View Article READ MORE
CORPORATE TAX RATE DROPPING IN 2019 Corporate tax rates will continue to decrease in 2019 for small businesses. The small business tax rate applies on the... View Article READ MORE
DID YOU KNOW… If a taxpayer is a resident of Canada, and they receive United States Social Security benefits, they must report these... View Article READ MORE
TAXATION OF MUNICIPAL ALLOWANCES CHANGING IN 2019 Another change announced in prior years will become effective in 2019. As of January 1, 2019, non-accountable allowances paid to... View Article READ MORE
