Announced today, the Honourable Jean-Pierre Blackburn, Minister of National Revenue
Tis the season for charitable giving
By admin on December 10, 2009 
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Tag: deductions
Other Tax Planning Issues
By admin on December 8, 2009 Leave a comment
Consider some of the following tax planning strategies as part of you year end tax planning
Use Capital Losses
By admin on December 8, 2009 Leave a comment
You can use your 2009 capital losses to reduce your current year’s income taxes by applying such losses against
$750,000 CAPITAL GAINS DEDUCTION
By admin on December 8, 2009 Leave a comment
You can make use of the lifetime $750,000 capital gains deduction if you dispose of shares in a qualified small business corporation,
Eligible Deductions & Credits
By admin on December 8, 2009 Leave a comment
If you pay the following expenses by December 31, 2009 they will be eligible for the deductions of credits
Contribute to Your RRSP
By admin on December 8, 2009 Leave a comment
The most popular tax tool available to taxpayers is investing in a registered retirement saving plan
Claiming Automobile Expenses
By admin on April 23, 2009 Leave a comment
One of the more common expenses claimed by taxpayers are…
A Note on Outstanding CPP, EI, and QPIP Contributions
By admin on December 2, 2008 Leave a comment
What happens if you discover that you have not deducted enough CPP, EI or QPIP from an employees pay-cheque? Often time this error is uncovered when the CRA sends you a Notice of Assessment or you may uncover the error… {Read more}
Other Tax Planning Issues
By admin on November 26, 2008 Leave a comment
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}
Corporate Directors Liability
By admin on September 30, 2008 Leave a comment
If a corporation (including a for-profit or non-profit corporation) fails to deduct…