by Jasmeen SinghWhat is a T2200 Declaration of Conditions of Employment Form?
A T2200 Declaration of Conditions of Employment is a form that allows certain employees to deduct specific expenses that are incurred for the purpose ...
by Ryan RobertsonThe Tax Implications of Running a Personal Services Business
A Personal Services Business is a business that is being run by someone who is basically working as an incorporated employee. They would normally be...
by Mariya ZekelWhat is a Clearance Certificate for an Estate?
A Clearance Certificate is a certificate that is issued by the Canada Revenue Agency (CRA) and confirms that all amounts owing to the CRA by a decea...
by Jasmeen SinghFiling a Taxpayer Relief Application with RC4288
Have you been charged penalties or interest on an outstanding debt owing to the Canada Revenue Agency (CRA)? Many people find that themselves in thi...by Ryan RobertsonHow Does the CRA Obtain Information when Auditing?
The average taxpayer is unaware of how the Canada Revenue Agency (“CRA”) may obtain information from them. This blog post will provide an overvi...
by Avery KalpinWhat is Specified Foreign Property?
Specified Foreign Property are assets held outside of Canada. The threshold for reporting to the CRA on a T1135 form is if the property that you have ...
by Mariya ZekelWho Can be Claimed as a Dependent?
Eligible dependents are normally your closest relatives. As much as we love to care for our loved ones, it can be expensive, so it’s nice to know th...
by Jasmeen SinghHow to Survive an Audit
The thought of being audited is dreaded by most taxpayers. This fear stems from being unprepared. Often, tax returns are mismanaged, receipts are lost...
by James PendergastWhat is a T2125 Statement of Business or Professional Activities?
A T2125 form is a schedule that goes along with a tax return, and it lists income, and expenses where taxpayers operate certain types of businesses. T...
by Jason Rosen