
The Hidden Evidence that Wins Tax Court Appeals: Third-Party Records
Many taxpayers believe that once the Canada Revenue Agency “CRA” obtains third-party records, the outcome of an audit is inevitable. In reality, t...
Corporation vs. Sole Proprietorship: Which One Really Saves Your More on Taxes in Ontario?
If you are running a business in Ontario, or thinking about starting one, you’ve probably wondered: Should I stay a sole proprietor or take a leap a...
Considering Hiring Family to Help Run Your Business? Ensure you Understand CRA Requirements to Stay Compliant
Thinking of hiring your spouse to handle bookkeeping or your teen to help with marketing? While keeping business “in the family” sounds ideal, the...
How to Complete a Tobacco Information Return as a “Prescribed Person”
What is a Tobacco Information Return? Form B285, otherwise known as a Tobacco Information Return, is a return that must be filed monthly by an individ...
Adjusted Rates of Excise Duty on Beer, Spirits and Wine
Effective April 1, 2024, the Canadian government has revised the Excise Duty rates for beer, spirits and wine, instituting a temporary freeze on annua...

