CRA Shut Down: Communicate Proactively Before Long Weekend
Did you know that Canada Revenue Agency (CRA) will be undergoing a digital migration on the September long weekend, starting Friday August 29 at 8:00 p.m. and ending Tuesday at 6:00 am September 2, with the proviso that this possibly could last til September 3? What could go wrong? Plenty.Voluntary Compliance Can Mitigate Risk
CRA wants to remind you that fessing up can be profitable.
National Steering Committee on Financial Literacy Call for Members
Are you interested in strengthening Canadians’ financial literacy?
Requirement vs. Choice: It’s the Crux in Claiming Commission Sales Expenses
In order to be eligible for a deduction for sales or travel expenses under subsections 8(1)(f) and (h) of the Income Tax Act, taxpayers must show that they worked on a commission-based income.
Evelyn Jacks: Ostriches Aren’t Smart; Tax Penalties Are Expensive
Well it's that time of the year again. . .tax audit season. The ostrich approach is one way to cope, but not the smartest.
Q and A: Setting Up Business in the U.S.
The U.S. has a number of different business structures available when conducting your affairs in the U.S., whether your business is rental property or operating a viable small business.
Employee Stock Options
An employer may provide its employees the opportunity to purchase shares in the employer’s corporation at some future date, but at a price that is the current market price when the option is granted (the exercise price).
