Tag: Tax Tips

Business managers innovating and discussing new ideas in background with lightbulb drawing in foreground
Advisory

SR&ED Tax Incentives – A Comprehensive Guide for Canadian Business Owners

The SR&ED program provides more than $3 billion in tax incentives to Canadian businesses annually. You don’t need to be a mega corporation with dedicated R&D facilities to apply. Innovating companies from any sector can carry out work that is eligible, with roughly 75% of the funds going to small businesses. Read our essential guide to learn more about these powerful tax incentives and how they can help your company drive growth and innovation.

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Tax

10 Common Tax Return Mistakes and How to Fix Them

Filing your tax return accurately and completely is crucial to avoiding penalties and potential CRA audits, while at the same time maximizing your tax savings. By being aware of the most common tax return mistakes and taking steps to fix them, you can save time, money, and future headaches! Read the full article to avoid these 10 tax pitfalls.

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Tax 2024 displayed in wooden blocks on top of tax forms surrounded by coins on a desk
Tax

Canadian Tax Changes 2024 – Part Two

The 2023 Budget and the Fall Economic Statement included a host of legislative and regulatory changes. In Part Two of our tax changes series, we take a look at the big developments set to shake up the Canadian tax landscape in 2024, from new trust reporting rules to long-awaited adjustments to the Alternative Minimum Tax and the elimination of short-term rental deductions.

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Businessman toppling tower of wooden block spelling the word Taxes
Tax

Canadian Tax Changes 2024 – Part One

2023 was a big one for the Canadian tax landscape, with the CRA and Ministry of Finance pushing forward on extensive legislative and administrative changes.

In Part One of our 2024 Tax Changes series, we dive into the key details of federal tax brackets, RRSP and TFSA limits, CPP enhancement, and EI premiums.

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Woman working remotely from the beach
Business Acumen

Tax Implications for Employers with Remote Workers

As the business landscape continues to shift away from traditional, office-based roles to make way for more flexible, remote positions, it’s important for employers to consider their tax withholding requirements. Read our latest article to learn more.

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Calculator with scrabble tiles spelling tax resting on to
Business Acumen

Best Small Business Tax Deductions – Canada

Entrepreneurs and business owners – are you making the most of your tax deductions? If not, then our then our essential guide to the best small business tax deductions in Canada is a must-read!

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