Read on about the new Toronto vacant home tax. Beginning in early 2023, Toronto homeowners with vacant properties will have to pay an additional 1% ta...
Here is information on the new CRA limits. On November 3rd, 2022, the Department of Finance released revised legislative proposals for the excessive i...
As of September of 2022, luxury cars, boats, and aircrafts may be subject a 10% to 20% new luxury tax in Canada, depending on their price tag and usag...
Recently, the CRA has started to pursue onlyfans audits. These days it is becoming more and more common for the average person to engage in self-emplo...
The Supreme Court of Canada released its decision in Canada (Attorney General) v Collins Family Trust (Collins) on June 17, 2022. The Court held that...
The Canadian tax system operates as a self-reporting system. Each taxpayer is responsible for reporting their total income, deductions and credits cla...