by Michelle KosarniaTax Filing Deadlines for 2025: What You Need to Know
Filing annual tax returns is a key obligation for every taxpayer in Canada’s self-reporting tax system. It is important to understand the precise de...
by Jason RosenTax for Remote Workers: Canadian Employees and Freelancers
As remote work becomes increasingly common in Canada, understanding the tax implications of working from home is essential. Whether you’re a salarie...
by Michelle KosarniaUnreported Income: Consequences and How to Address It
Unreported income is a significant issue that can have serious legal and financial consequences. Whether intentional or unintentional, failing to repo...
by Jason RosenCan’t Pay Taxes on Time? What to Do
Finding yourself unable to pay your taxes on time can be stressful and overwhelming. Whether due to financial hardship, unexpected expenses, or simply...
by Jason RosenIncome Splitting: A Strategy for Tax Savings
Income splitting is a tax strategy that can significantly reduce a family’s overall tax burden by shifting income from a higher-income earner to...
by Matthew PollockFailing to Report Income: What You Need to Know
Failing to report income is one of the most common tax mistakes made by Canadians, and it can lead to serious consequences with the Canada Revenue Age...
by Michelle KosarniaDistinction Between Current and Capital Expenditures
A repeated question in the realm of taxation revolves around the nature of expenditures; whereby misunderstandings arise as to whether an expense incu...
by Michelle KosarniaSubsection 163(2) of Canada’s Income Tax Act
Legal Consequences of Misrepresentations in Tax Matters Subsection 163(2) of the Income Tax Act (the “Act”) outlines the penalties that can be lev...
by Michelle KosarniaIncome Tax Implications of Departing Canada
For tax purposes, the distinction between a resident and a non-resident of Canada is essential in determining how much a taxpayer owes. Canadian resid...
by Michelle Kosarnia