Cash Dealings Resulting in Growing Underground Economy
From 2007 to 2012, Canada's underground economy grew larger, increasing by 14%. CRA does devote a large amount of their resources to finding unreported income.
How to keep a CRA mileage log for vehicle expenses
If you’re self-employed and using your vehicle for business use, are you keeping a mileage log? If you’re audited by the Canada Revenue Agency (CRA), and you don’t have one, the CRA could reject your claims for motor vehicle expenses. Avoid CRA scrutiny with our tips and tricks on keeping a mileage log.
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Top Tips for Paying Less Tax as an Independent Contractor in Canada
To help minimize how much income tax independent contractors pay to the CRA each year, they need to make the most of their deductions and other tax tips.
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Tax Filing Differences Between Employed and Self-Employed Contractors
Here are some key difference between filing taxes as an employed contractor vs. a self-employed contractor.
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Things You Should Know as a Self-Employed Contractor in Canada
While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.
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All Small Business Owners Should Be Expecting a Call from CRA
If you're a self-employed individual or own a small business, specifically a cash-based business, be aware that you're a prime candidate for a CRA tax audit.
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Tax Credits for a Safer Home (Ontario and BC)
Ontario and British Columbia renovation tax credits assist individuals 65 and over to make improvements to make their home safer and more accessible.
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It’s Tax Season! Are You Ready?
Do you have your papers and records ready for your 2013 tax return? It can be a hectic time getting ready and it’s easy to miss something. Use the following information to help you get ready.
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WSIB Bill 119 Will Impact All Construction Businesses in Ontario
Everyone working in Ontario in the construction industry must have WSIB workplace safety and insurance coverage.
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