Blog

Flipping Houses – How it could affect your taxes.

  • Justyn 
If moving out of a property that was occupied for a short period, ensure you maintain documents and proof that you had intended to establish residential roots and live there. Don't get caught with a hefty tax bill; reach out to us today.

Ownership Information – Canadian Corporations Act

  • Justyn 
The legislation sets out a criterion for identifying individuals who have significant control over a corporation and also requires certain corporations to keep a register of these individuals. Are you in compliance?

Taxable Benefits

  • Justyn 
Benefits not previously taxed may need to be reviewed in the upcoming year to determine if they are now taxable. Do you fall victim?

CRA’s Reach for Taxpayer Information

  • Justyn 
CRA uses third parties to get information about other taxpayers to ensure they are complying with their tax responsibilities. Do you comply with your tax responsibility?

Disability Tax Credit Clarifications

  • Justyn 
In an April 3, 2019 Tax Court of Canada case, at issue was whether the impact of an individual’s mental impairment entitled her to the disability tax credit (DTC). There are three main criteria taxpayers must meet to qualify, do you know them?

Sharing Economy – New Changes

  • Justyn 
Share Economy - What is it, who it affects, and what can you do about it if you drive for Uber or rent for Airbnb