Tax Preparation

Tax myths can make filing your tax return stressful. Tax myths can also increase your chances of being audited and reduce your tax return.
On March 16, 2017, the Honourable Joe Ceci, President of Treasury Board and Minister of Finance, presented his third budget and the third budget of Alberta’s NDP government.
You don't need to pay any tax on capital gains made from the sale of your principal residence. However, you do need to report the sale of your principal residence. And it gets a little more confusing when it comes to agricultural and farm property.
A number of big changes to Canada’s tax laws in 2017 could affect the bottom line for many small business and farm owners.
Running a small busy is not easy. Hiring a reliable, professional accounting consultant can benefit a small business in many ways.
Those who are self-employed have the same income tax rates as employed workers. But, someone who owns their own business can use deductions to reduce their overall tax burden.
Running an online business can be time consuming. Understanding some important e-commerce tax tips can streamline the tax preparation process.
Hiring a tax preparer can be difficult. Asking the right questions can make the process a lot simpler.
Can Canadian farmers claim all farming losses on their taxes? It depends if the primary source of income comes from farming.
Understanding how to apply non-capital losses to taxes can help small Canadian business owners either recover previous taxes paid or reduce future income and taxes payable.
Subscribe to Tax Preparation