This Month’s Poll
Should the Old Age Security clawback start at a lower net income than the current $93,454?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).
Volunteer Firefighters Can Claim Non-Refundable Credit
Volunteer firefighters can claim an amount of $3,000.
