2019 BC Budget
On February 19, 2019, the BC Ministry of Finance released the 2019 Provincial Budget. The following is a summary of many of the highlights affecting businesses and individuals: Business Measures
On February 19, 2019, the BC Ministry of Finance released the 2019 Provincial Budget. The following is a summary of many of the highlights affecting businesses and individuals: Business Measures
As the Income Tax Act is ever evolving here are the top five changes you should be aware of: Sale of Principle Residence – new – Individuals who have sold
If you had modest income in 2016 and a simple tax situation then you may be able to have your 2016 personal tax return prepared for free at a Community
We are beginning our 2016 personal tax return preparation season tomorrow. Although we very much enjoy assisting our clients with the preparation of their personal tax returns, we work long
Over the past year a few of our clients have called to say they have received either a threatening telephone call from a person claiming to work for the Canada Revenue
The Canadian Olympic Committee awards Olympic athletes $20,000 for a gold medal, $15,000 for silver and $10,000 for bronze. The Income Tax Act requires these awards to be reported as
If you are an eligible teacher or early childhood educator you may be able to claim the Teacher and Early Childhood Educator School Supply Tax Credit in your 2016 personal
Form T1135 – Foreign Income Verification Statement – is required to be completed if a resident (i.e. individual or corporation) of Canada owned specified foreign property with a combined tax
Making your Canada Revenue Agency (CRA) payments online is convenient and easy. Payments may be made by: online banking, debit card or credit card. Visit: Canada.ca/payments for more information.
In October 2014 the Conservative government announced the following changes to the federal Children Fitness Tax Credit (CFTC) program commencing in 2015: the maximum that can be claimed under this program is $1,000