Tax

by Stephanie Emmanuel

New Surtaxes on Imports Starting October 1, 2024

On August 26, 2024, the federal government announced new surtaxes targeting imports from China. This move is aimed at safeguarding the Canadian automo...

by Alessandra Tuzi

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...

by Matthew Pollock

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...

by Katelyn Adams

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...

by Matthew Pollock

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...

by Nina Zibar

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...

by Matthew Pollock

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 ...

by Matthew Pollock

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...

by Matthew Pollock

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...

by Matthew Pollock

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...