There are many advantages to operating your business from a home office but..
Tax Tips for Small Businesses – Home Office
By admin on December 4, 2007 
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Tag: ccra
Padgett’s Tips for Managing You Business
By admin on November 17, 2007 Leave a comment
The first few years of managing your business are the most critical. These tips
Fairness Applications
By admin on November 10, 2007 Leave a comment
The income tax act allows an individual to request an adjustment to a tax return back 10 years, even though the date to file a Notice of Objection has expired. The CRA usually allows this application for situations such as… {Read more}
Home Office Expenses
By admin on November 10, 2007 Leave a comment
In a recent Tax Court of Canada case, the taxpayers operated a partnership in their home and deducted costs for painting the exterior of the house, brickwork repair, lawn care and snow removal. CRA disallowed these expenses and called them… {Read more}
Contract Doesn’t Determine Worker Status
By admin on November 8, 2007 Leave a comment
Chances are, your business has independent contractors as well as employees. If so, it’s important to be aware that the Canada Revenue Agency (CRA) will determine whether a worker is an employee or independent contractor based on the facts and… {Read more}
Do You Have to File a Tax Return?
By admin on November 8, 2007 Leave a comment
A tax return must be filed if you have to pay income taxes. A tax return must also be filed if you have not repaid all amounts withdrawn from your RRSP under the Home Buyers’ Plan or the Lifelong Learning… {Read more}