The CRA requires that you let them know when the directors of your corporation change…
Tag: 2009
Karen Jerome, CMA Prepares for the Upcoming Tax Season
Kanata, ON (Nov. 26, 2008) — Karen Jerome, of Padgett Business Services serving the Ottawa west area, recently attended…
Contribute to Your RRSP
The most popular tax tool available to taxpayers is…
Eligible Deductions & Credits
If you pay the following expenses by December 31, 2008 they will be eligible…
Use Capital Losses
You can use your 2008 capital losses to reduce your current year’s income taxes…
Other Tax Planning Issues
Consider a Registered Education Savings Plan (RESP) for your children. Review your December income tax installment. Repay outstanding shareholder loans and pay interest on employee loans. Contribute to your spouse’s or common-law partner’s RRSP to the extent of your RRSP… {Read more}
$750,000 Capital Gains Deduction
You can make use of the lifetime $750,000 capital gains deduction…
Scientific Research & Experimental Development Tax Credit
Check out a recent news release on the CRA…
The CRA Goes “Green”
As a business owner, you can now receive your various statements from the CRA online…
Filing your GST/HST Online
The CRA now allows business owners to file their GST remittances online. Using your access code from your income tax returns, you can quickly submit your GST information over the internet. To find out more, visit the CRA website here.
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