by James Gustafson | Jul 25, 2011 | Taxation, Uncategorized
Many people have heard of the idea of becoming non-resident for Canadian tax purposes. Since the Canadian tax system is based on your residency becoming a non-resident means avoiding Canadian taxes in most, but not all, situations. This blog does not address the...
by James Gustafson | Feb 13, 2011 | Accounting, Incorporation, Taxation, Uncategorized
If you have an incorporated business and pay yourself, family members or other employees a wage or dividends from your company then your company is required to file a Tslip information return to the CRA by no later than February 28th each year to report these...
by James Gustafson | Nov 25, 2010 | Taxation, Uncategorized
For many people as year end approaches so does the planning for this year’s donations. From a tax perspective donating later in the year makes sense, because it minimizes the time from when you make the donation to when you get to claim the credit on your tax...
by James Gustafson | Aug 4, 2010 | Taxation
The Voluntary Disclosure Program is run by CRA to allow taxpayers to report additional unreported income from prior years or to correct overstated expenses. Examples of this may include unreported cash tips for service workers, foreign pension income or other...
