2021 Tax Planning Tips

2021 Tax Planning Tips for the 2021 personal tax preparation season.  See below for a list of tax planning considerations. Please contact us for further details or to discuss whether these may apply to your tax situation. 1)   Certain expenditures made by individuals...

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...
Taxable Benefits: Employee use of cell phone and internet service

Taxable Benefits: Employee use of cell phone and internet service

Taxable Benefits: Cell Phone & Internet ServiceIn this edition of Did You Know? we look at the rules that determine when an employee earns a taxable benefit when a company pays for cell phone or internet service. If you would like to know more, give us a call or...
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...

Starting a Business

Part I: Business StructureCongratulations, you have decided to start your own business. One of the first decisions you need to make is what structure you are going to use for your business. This has important implications for how you register your business and how you...