2021 CRA Vehicle Allowance Rates

2021 CRA Vehicle Allowance Rates 2021 has been a very challenging year and as we get close to the end of 2021 you may be preparing to file your corporate tax returns.  If you reimburse yourself or your employees for business use of a personal vehicle the CRA vehicle...

CRA or Scammer: Who is it?

CRA or Scammer: Who is it? Most, if not all of us, have received a call from someone claiming to be from the Canada Revenue Agency (CRA). They may threaten arrest or other such actions if a tax bill is not immediately paid via iTunes or Bitcoin, for example. While...
Alberta Personal Income Tax Rate Changes

Alberta Personal Income Tax Rate Changes

Alberta Personal Income Tax Rate Changes: On October 1, 2015, the Alberta government released new tax rates to be brought in. In 2015, the change results in a pro-rated tax rate applied to all income for the tax year and in 2016 will be the full tax rates. We have...
Tax Treatment of Gifts & Awards

Tax Treatment of Gifts & Awards

Gifts & Awards:In this edition of Did You Know?  we look at certain gifts and awards given to employees and the taxable consequences that result. If you would like to know more, give us a call or send us an e-mail and we can help you plan your employee...