by admin | Sep 17, 2016 | Tax tips
If you have any questions about your tax filings and you want to call the CRA, then what should you do Here are some tips: Tip #1: be nice and polite CRA agents are human beings and they deserve respect as well. Talk to them nicely and explain the...
by admin | Sep 13, 2016 | Tax tips
In British Columbia, the provincial government has imposed 15% property transfer tax on foreign real estate buyers in Metro Vancouver. Local government strongly believe that “this tax would limit demand, making housing more affordable in Metro Vancouver.” While in...
by admin | Aug 22, 2016 | Inspiration
Have you ever thought of starting a business? What are you going to face in reality once you are in your so-called business? Don’t worry as you are not alone. Here is the extract shared by Ales Zivkovic, who is being called as “the Entrepreneur With 3...
by admin | Aug 16, 2016 | Tax tips
It is common that a lot of taxpayers make mistakes on their income tax returns. The Canada Revenue Agency (” CRA”) conducts its audit program periodically to determine base levels of compliance through the tax return database and has identified common...
by admin | Aug 7, 2016 | Tax tips
Tony Melman, an ex-managing director of a well-known Canadian private equity firm, has been found guilty in tax court for omitting $18.9 million of taxable dividend income in 2007 taxation year. Gross negligence penalties has been imposed due to such huge omission....
by admin | Jul 16, 2016 | Tax tips
In the previous blog, we talked about the tax implication on claiming CCA on the rental property and time value for the tax savings. As situations may vary from individuals, all factors should be carefully taken into consideration before a decision is made. One of the...
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