The tax benefits of working from home (February 2012)
A number of circumstances and developments have come together over
the past few years to make working from a home office—once
almost unheard of—a common fact of business life. First and
fo...
How to handle an Instalment Reminder from the CRA (February 2012)
As if dealing with bills from the recent holiday season and trying
to come up with the funds for an RRSP contribution weren’t
enough, February is also the month in which millions of Canadian
tax...
RRSPs and TFSAs—making the annual choice (February 2012)
It’s that time of year again, when advertisements about the
wisdom of contributing to your registered retirement savings plan
(RRSP) fills the airwaves and Web sites. And, since the
introduction...
Debt reduction offers: too good to be true? (February 2012)
It’s almost impossible not to have heard that the amount of
debt carried by Canadian households is at an all-time
high—reaching, on average, just over 150% of household
income. Carrying so...
Responding to a CRA information request (September 2011)
Earlier this year, Canadians filed about 27 million tax returns in
about a three month period between March and June, and the Canada
Revenue Agency (CRA) was required to process and issue a Notice of
...
Post-secondary students and income tax (August 2011)
As summer reaches its midpoint, students who are about to start
their post-secondary education as well as those returning for a
second, third, or fourth year of university or college will be
gearing u...
Home EcoENERGY Retrofit program renewed (August 2011)
In 2007, the federal government introduced the EcoENERGY Retrofit
program, which provided homeowners who made changes to their homes
to make them more energy-efficient with grants of up to $5,000 per
...
Moving expenses—what’s deductible and when? (June 2011)
While interest rates remain low, an increase in those rates and,
therefore, in the cost of carrying a mortgage is clearly on the
horizon. In addition, changes made by the federal government to
mortgag...
Newsletters
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