Changes to the GST HST Return. May 16, 2016, the Canada Revenue Agency (CRA) changed the way businesses report income information on line 101 of the GST34-3 Goods and...[...]
It is the taxpayer’s responsibility to scrutinize tax returns for missed deductions and credits. Personal income tax returns are based on the following logic– the total income from all...[...]
Until now sellers of a principal or main residence, had been able to do has they saw fit (when it came to selling and moving). There was nothing to be declared...[...]
Overall, UBER drivers are effectively independent contractors or self-employed, and therefore must self-report their taxes. Steps drivers need to be aware of include: filling out T2125 uber tax...[...]
With the arrival of spring one would think that our thoughts would turn to love. Nice but they must also turn to taxes and tax returns for the previous...[...]
With tax season upon us it’s important for taxpaying Canadians to round up all paperwork that deals with their personal tax returns and submit it to their tax preparation...[...]
Note: The children’s fitness tax credit, including the supplement for children with disabilities, has been eliminated for 2017 and later tax years as explained this CRA post. The Updated Canada...[...]
Every once in a while a bit of clarification is in order. In this blog we will look at a couple of urban myths out there when it comes to...[...]
With the 2014 tax season well underway, it is important to highlight these 6 important changes that could affect your file. Family Tax Cut Credit a new non-refundable tax...[...]
Canadian motorists across the country are commuting with smiles on their face as gasoline prices help put a break on their pocketbooks and there’s more good news: prices are...[...]