

Unused Tuition, Textbook, and Education Tax Credits
The Canadian tax system offers several tax credits aimed at supporting students with the financial burden of post-secondary education. Two of these cr...

The 2024 Digital Services Tax: What Businesses Need to Know
What is the Digital Services Tax? The Digital Services Tax (DST) was initially proposed in 2020 and was implemented in 2024. This tax applies retroact...

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...

Tax Exempt Therapies – Practitioners Guide
Canadians have come far with destigmatizing and normalizing therapy, however a barrier many still face in accessing therapy is the excessive costs. In...

Navigating the Saskatchewan-CRA Debate
In recent months, Saskatchewan has found itself at the center of a heated debate with the Canada Revenue Agency (CRA), sparking concerns and discussio...

Boosting Affordable Housing: The Federal Budget’s Game-Changer for Homebuilders
On April 16, 2024, the Canadian government unveiled a new budget, prioritizing the urgent need to increase the supply of affordable housing as one of ...

Tax Filing Requirements: Sole Proprietorships v. Corporations
Whether you operate as a sole proprietorship or corporation, it is important to understand the similarities and differences between them both in terms...

Retirement Planning: Tax-Efficient Strategies for Canadians
Retirement planning is a crucial part of financial security, especially in Canada, where tax laws and retirement benefits offer unique opportunities a...

Payroll Audits in Canada: What Businesses Need to Know
Payroll audits are a critical aspect of tax compliance for businesses in Canada. These audits, conducted by the Canada Revenue Agency (CRA), ensure th...
