September 5, 2020
During the COVID 19 times employees as well as employers were getting some benefits: the Canada Emergency Response Benefit (CERB), the Canada Emergency Student Benefit (CESB), […]
July 3, 2020
It has been a time of distress for many businesses and a challenge to survive. If you have not laid off your employees and were paying […]
February 18, 2020
Alberta Tax Rates There are no changes to the tax rates for 2019. However, the taxable income thresholds have been increased by the indexation factor […]
February 10, 2020
Canada Pension Plan Contributions (CPP) The maximum pensionable earnings under the Canada Pension Plan for 2020 are $58,700, up from $57,400 in 2019. Contributors who earn […]
November 12, 2019
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 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) Nearly all business owners at some point come to consider this option. Corporations are separate business […]
July 15, 2019
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
Below you will find some indicators showing that the worker is an employee, the work relationship will be a “contract of service”: an individual […]