by Elias ZafiridisAre You a Tax Resident of Canada? Here’s How to Know for Sure
Determining whether you are a resident of Canada for tax purposes is a critical first step in ensuring compliance with Canadian tax laws. Your residen...
by Elias ZafiridisChallenging Revocation: What to Do When your Charity’s Registration is at Stake
The Income Tax Act grants registered charities numerous tax benefits, not least of which is the ability to issue receipts for donations that entitle t...
by Elias ZafiridisOwner-Manager Remuneration: Characterization of Payments
The Background The recent case involving Malamute Contracting Inc., a small Ontario business specializing in kitchen and bathroom renovations, highlig...
by Elias ZafiridisTaxpayer Bill of Rights Canada: Rights and Protections
The Taxpayer Bill of Rights is an essential framework designed to protect Canadian taxpayers when dealing with the Canada Revenue Agency (CRA). Unders...
by Elias ZafiridisTax Repayment Plans: Navigating Options with the CRA
Dealing with tax debt can be overwhelming, especially when you’re faced with mounting interest and penalties. If you owe money to the Canada Revenue...
by Elias ZafiridisCapital Loss Carryforward: Maximizing Tax Benefits
Managing investments can be financially rewarding, but not every investment yields positive returns. Sometimes, you may sell an asset for less than it...
by Elias ZafiridisTaxable Benefits: How They Impact Your Income
In Canada, employers often provide benefits to their employees as part of their compensation package. While these perks can be advantageous, many are ...
by Elias ZafiridisFamily Tax Planning Strategies to Maximize Tax Savings
Family tax planning involves organizing your financial affairs to minimize the overall tax liability of your household. It takes into account the inco...
by Elias ZafiridisGST/HST Audit Triggers: Key Facts
The Canada Revenue Agency (CRA) conducts audits to ensure that businesses are complying with federal tax laws, including those related to the Goods an...
by Elias Zafiridis