Did you know…
The sale of your principal residence is exempt from tax on capital gains. However, there are many factors to consider... View Article
READ MOREDid you know…
If an employee is paid a flat rate vehicle allowance, which is not based on kilometres travelled, the allowance will... View Article
READ MOREEI PREMIUMS DECREASED FOR SMALL BUSINESSES
The Small Business Job Credit was introduced this fall, and will be available for businesses in 2015 and 2016. This... View Article
READ MOREINCOME SPLITTING FOR FAMILIES
In October, the federal government introduced income splitting for parents with the “Family Tax Cut”. This tax cut will allow... View Article
READ MOREInstalments Required on Taxes
If you owed over $3,000 when you filed your 2013 tax return, and you owed over $3,000 in either 2011... View Article
READ MOREDid You Know…Collecting GST
You can start collecting the Goods and Services Tax Credit (GST) starting with the first quarterly payment that is issued... View Article
READ MOREDeadline Extended for 2013
The government introduced a new measure for the 2013 tax year, requesting that additional information be provided regarding additional information... View Article
READ MOREDid You Know… Old Age Security and Wages
As a senior, you can receive up to $3,500 of wages without affecting the amount you receive from the supplement... View Article
READ MOREStudent Tax Reporting
With the start of the university year approaching, many parents with children entering post secondary institutions for the first time... View Article
READ MOREIncreased Border Monitoring
A significant change is coming this year for people who regularly cross the border into the United States. In the... View Article
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