November 12, 2019

Gifts and awards as taxable employment benefits

Gifts and awards as taxable employment benefits We are mostly aware about popular taxable or not taxable benefits – if you are using a vehicle of […]
September 27, 2019

Medical expenses

Medical expenses that may be claimed to reduce the amount of federal income tax you pay There exists a non-refundable tax credit that you may use […]
July 30, 2019

Should you incorporate your small business or not? (Part 1)

Should you incorporate your small business or not? (Part 1) Nearly all business owners at some point come to consider this option. Corporations are separate business […]
July 15, 2019

Employee or Contractor? (Part 3 Continued)

Below you will find some indicators showing that the worker is a contractor, the work relationship will be a “contract for service”: the worker does not […]
June 29, 2019

Employee or Contractor? (Part 2 Continued)

    Below you will find some indicators showing that the worker is an employee, the work relationship will be a “contract of service”: an individual […]
June 13, 2019

Employee or Contractor? (Part 1)

  Working people sometimes fail to consider about who they are, employees or contractors, very often employers want to save on source deductions and demand Contractor […]
May 24, 2019

Annual Return Filing (Part 2)

Annual Returns have to be filed in chronological order. This means that if you miss two years, you have to file   the first year before you […]
May 14, 2019

Annual Return Filing (Part 1)

In order to keep your corporation active, file your return by the last day of the month following the anniversary of the registration month. Must be […]
May 6, 2019

Tax Savings for Home Buyers

First-Time Home Buyers’ Tax Credit The credit allows first-time home buyers to claim an amount of $5,000 on qualifying homes purchased. It’s also available to those […]