Don't panic if you get an envelope from the CRA! Review Notices are common, especially this year. It is just the CRA asking you to provide some documentation to support claims you made on your tax return. They are usually very simple -- just read the letter carefully.
Did you know that the CRA has online self-service portals where you can review and edit your tax information? They are incredibly useful and are essential in some cases. But they take a while to set up, so don't wait until you actually need it! Get MyCRA today.
Give back to your employees and save a few bucks while you're at it! Every employee enjoys having health benefits with their job. It relieves a lot of financial stress, and improves employee loyalty. Find out how today.
Got medical bills? Don't we all. As a business owner, these bills can really add up without insurance. Learn how to get your business paying for these bills with pre-tax dollars instead!
Wouldn't your business sound better with "Inc." at the end of it? It sure sounds more professional, right? Incorporating is a lot more complicated than just the name, though. Find out what it takes and why you should consider it here.
Did you start a small business during the pandemic? Good for you! Or maybe you already had one. Regardless, bookkeeping is one of the tedious things that you absolutely must do. Don't fall behind! Learn what you have to do.
Looking to sever your land and sell some or all of it? The tax implications can be complicated, and are based on multiple factors. Learn some of the ins and outs of real estate taxes here!
Selling your home, or own multiple? Learn how to take advantage of the Principal Residence Exemption effectively and without accidentally owing the CRA a bunch of money!
Disability Tax Credits have changed again! There are lots of people who qualify, and they can be transferred to family members! Additionally, there are loads of grants and benefits available. Do you or a family member qualify? Find out here!
Real Estate Agents can FINALLY incorporate! It's been a long battle, but the lobbyists finally got what they were looking for. It's not the right solution for everyone, but incorporating your real estate business into a PREC could save you hundreds of thousands of dollars!
