Canadian Tax Blog
Tax Deadline
Tax Deadline Home As tax season fast approaches, it is important to keep in mind how much time we have …
Guide to Canadian Federal Personal Income Taxes
Is the reality of tax season just hitting you? Are you an accountant, anxious about the busy weeks ahead? An average person who just realized they don’t have a clue what they need? Here is the guide you’ve been waiting for. Take a deep breath, relax and enjoy the sweet, lyrical poetry of the Canadian T1 return.
What You Need To Know About GST
What You Need To Know About GST Home The Goods and Services Tax (GST) is a tax which is paid …
Employees vs Subcontractors
Employees vs Subcontractors Home The main difference between an employee and a contractor is one gets paid a salary, while …
Pros and Cons of Incorporating
Pros and Cons of Incorporating Home Many people start their own businesses and there comes a point when they wonder …
Taxes of Rental Properties
Taxes of Rental Properties Home Residential vs Commercial First thing to know is that residential properties are not charged GST, …
Canadian Residency: Tax Implications
Canadian Residency: Tax Implications Home To start with, the Canada Revenue Agency (CRA) has a very strict definition of what …
Receipts for Tax Season
Receipts for Tax Season Home There are many expenses which could be claimed to reduce taxes owed, however if you …
Registered Canadian Investment Vehicles
Registered Canadian Investment Vehicles Home Investing is a crucial way to create wealth out of money that you do not …
The Principle Residence Exemption
The Principle Residence Exemption Home If you buy or inherit a house, you own the house. Now, houses are many …