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 […]
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 […]
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 […]
If you have the incorporated or unincorporated business, you can claim truck related and other expenses such as: Advertising Meals and Entertainment (50% vs. 80% […]
Working Canadians have some tax benefits For 2019, the WITB was renamed the Canada Workers Benefit, but the benefit are similar. The Working Income Tax Benefit […]
Maximum pensionable earnings for the purpose of calculating CPP contributions have been increased from $55,900 to $57,400 for 2019. The annual basic exemption remains at $3,500, […]