Author: James Pendergast

by James Pendergast

Bank Deposit Analysis

When the Canada Revenue Agency (“CRA”) audits a taxpayer, there are many different auditing methods or techniques that may be used. One of...

by James Pendergast

Business Income vs. Capital Gains

Taxpayers will always try and pay the lowest amount of taxes possible. That is why the difference between business income, and capital gains is so im...

by James Pendergast

Salary vs. Dividends

If you have an incorporated business you are able to pay yourself in any way you would like. There are various methods of getting money out of your co...

by James Pendergast

Change in Use of Property

Where a property goes from principle residence to rental, or vice versa, it is known as a change of use in the property. When this occurs, there is a...