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What Are the Canadian Tax Responsibilities when Closing a Business?

May 09, 2019
There are a lot of steps you need to take when closing your business. Not knowing what the tax obligations are could end up costing you a lot of money.

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3 Things You Need to Know About Taxes and the Sharing Economy

May 08, 2019
There are lots of ways Canadians are taking advantage of the sharing economy, maybe without even knowing it.

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Nova Scotia Budget Report 2019

Nova Scotia Budget Report 2019

Mar 26, 2019
The Nova Scotia province’s fiscal 2019–20 budget contains no new taxes and no tax increases. The budget focused on 4 key priorities: Improving Access to Healthcare; Investing in Education and preparing Youth for the Workforce; Creating the Conditions for Economic Growth; and Supporting People and Communities.

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Saskatchewan Budget Report 2019

Saskatchewan Budget Report 2019

Mar 20, 2019
On March 20, 2019, Finance Minister Donna Harpauer delivered her second budget as Finance Minister. The budget is balanced and anticipates a surplus of $34.4 million for 2019-20 and $49 million for 2020-21.

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Small Business Tax Deductions You Might Be Overlooking

Top Tax Deductions Missed by Canadian Small Business Owners

Mar 20, 2019
There are a lot of deductions small business owners can claim to cut down on their taxes; some of the biggest ones get overlooked.

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New Brunswick Budget Report 2019

New Brunswick Budget Report 2019

Mar 19, 2019
On March 19, 2019, New Brunswick Finance Minister Cathy Rogers delivered the province’s 2019 budget focused on three key priorities: Investments in seniors; Youth employment; and Economic competitiveness.

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Federal Budget Report 2019

Federal Budget Report 2019

Mar 19, 2019
The 2019 Federal Budget, entitled “Investing in the Middle Class.” First-time homebuyers, farmers and First Nations communities are among the top priorities in Canada's 2019 federal budget.

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5 Tax-Saving Strategies for Canadian Small Business Owners

Dec 14, 2018
There are a number of simple, effective money-saving strategies that small business owners can use to optimize their year-end tax planning.

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Restricted Farm Losses: The Plight of the Part-Time Farmer

Restricted Farm Losses: The Plight of the Part-Time Farmer

Dec 12, 2018
Farm losses may be used to offset other sources of income so long as the chief source of income of a taxpayer is generated through the business of farming.

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Five Small Business Tax Credits Canadian Business Owners construction

5 Overlooked Small Business Tax Credits

Sep 26, 2018
Many small business owners do not know that there are a large number of tax credits they can use to reduce their tax burden.

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