You can claim renovations qualifying for the home renovation tax credit even if you own a condo.
Category: Small Biz Advice
“Soft” Loans for Your Children
Parents quite often make loans to their adult children to help them purchase
Ontario Apprenticeship Training Tax Credit
The Ontario Apprenticeship Training Tax Credit (ATTC) is a refundable tax credit for
Paying the CRA just got easier
The CRA announced today how easy it is for individuals and businesses to make their tax
Water & Coffee
The Income Tax Act provides that an amount paid or payable regarding the human consumption of
Owner-Managed Business-Creditor Proofing
Every business owner should be concerned about creditor proofing his assets. Here are several suggestions to consider.
Corporate Directors Liability
If a corporation (including a for-profit or non-profit corporation) fails to deduct, withhold, remit or pay amounts held in trust for the Receiver General for Canada
Sales to non-residents
Are sales to non-residents taxable? When a non-resident of a Canadian province purchases goods or services
Free Accounting Software
Business owners understand the importance of keeping records up-to-date. Unfortunately, paperwork has a habit of piling up – quickly!
Disability Income Insurance
CRA recently noted that where a proprietor purchased a Disability Income Policy, the premium is a nondeductible personal expense. But the receipt of the disability benefits is tax-free. If a corporation acquires a Policy for the employees, the premiums are… {Read more}