Knowledge is Power! Broaden Your Horizon

You must learn day by day, year by year to broaden your horizon. The more things you love, the more you are interested in, the more you enjoy, the more you are indignant about, the more you have left when anything happens

- Ethel Barrymore

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New Changes and New Credits for the 2023 Tax Season

The 2022 tax year has shown a steady transition back to the norm of pre-pandemic tax considerations. While the government is still...

A Business’s Guide on How to Prepare for Tax Season

Soon it will be time to file your business income tax return. Whether you are self-employed or have a corporation, it is important to get...

CRA Income Tax Review

Navigate the CRA income tax review process with confidence. Learn what to expect, how to respond, and tips for managing audits.

2021 Federal Budget

The new Canadian federal budget was tabled on April 19, 2021 by finance minister Chrystia Freeland. The federal deficit is estimated to...

New Simplified Home Office Deduction for 2020 Income Tax Year

With the onset of the COVID-19 crisis in 2020, numerous employers allowed their employees to work from home. It is for this reason that...

Blockchain: Responsible for Increasing Transparency

You have probably heard of Blockchain. It is the computer technology that is used for cryptocurrency trading, but this is only one of...

Checklist for Preparing Your 2020 Income Tax

While doing their income tax, individuals and businesses often forget to claim deductions that could really benefit them and that might...

Proposed Digital Services Tax

A proposed Digital Services Tax (DST) could raise up to $1.2 billion over five years in Canada, which the Federal government wants to...

Business Ethics and Profitability

Business ethics refers to the moral principles (trustworthiness, respect, fairness, and caring) that guide the day-to-day operations of a...

Business Struggles during COVID-19

If you own your own business, you may have encountered times when finances (particularly cash flow) have become a problem. A lot of...

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