TTT: Your 2023 Tax Deadlines
Simon Gladstone2023-01-09T21:57:30-05:00Make sure you stay ahead of the curve this year! There can be some serious penalties for late filing if you owe money. Read more to find out what you need to know.
TTT: 12 Days of Christmas
Simon Gladstone2022-12-31T14:53:55-05:00Just what everybody loves for their holiday season... Chores and homework! This is some pretty important stuff, though, and the holidays are an excellent opportunity to get all these ducks in a row. Don't miss out!
TTT: The Interim Canada Dental Benefit
Simon Gladstone2022-12-31T14:46:09-05:00As cost of living continues to rise, the CRA has rolled out a new, temporary Dental Benefit to help parents afford dental care for their children. It is a little bit complicated, though, so make sure you read up!
TTT: Time Your Tax-Loss Harvesting Carefully
Simon Gladstone2022-11-13T14:02:12-05:00We all get those dreaded brown envelopes from the CRA sometimes, and I can't blame you for not wanting to open it right away. However, that is the worst thing you can do! Bite the bullet and open that letter TODAY.
TTT: CRA Brown Envelopes – Best Opened Immediately!
Simon Gladstone2022-11-13T13:57:03-05:00We all get those dreaded brown envelopes from the CRA sometimes, and I can't blame you for not wanting to open it right away. However, that is the worst thing you can do! Bite the bullet and open that letter TODAY.
TTT: GST Credit DOUBLED for 6 Months!
Simon Gladstone2022-10-30T11:48:30-04:00Do you collect GST credits? You could be in for a pleasant surprise!
TTT: Personal Services Business
Simon Gladstone2022-10-30T11:18:52-04:00Running your business as a corporation has lots of benefits, but it exposes you to significant risk if you only have a small number of clients. If you meet certain requirements, you could be classified as a PSB, resulting in paying nearly 45% in corporate tax!
Special Post: CEBA Repayment Extension Confirmation Example
Simon Gladstone2022-10-20T11:59:46-04:00Are you getting an extension on your CEBA loan repayment? If you are or think you have, you should receive a confirmation that looks something like this one.
TTT: CEBA Loans and Revised Deadline
Simon Gladstone2022-10-20T11:47:44-04:00CEBA Loans just got a revised deadline. You've got lots of time, but what if you still can't make it? You could end up owing tens of thousands of dollars! Take advantage of the revised deadline and save big.
TTT: Know Your Income and Tax Liabilities
Simon Gladstone2022-10-10T12:00:20-04:00Last week discussed legal income splitting with your partner to save on taxes. This is all great, but if you wait until the end of the tax year it will be too late! Get a head start on your tax preparation today to save as much as you can.