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Tax Tips & Traps – 3rd Quarter – Issue 127

Tax Ticklers Special Work Site Allowance: Home Base Needed Reimbursement for Work Clothing: Taxable Zero-Emission Vehicles: Personal and Corporate Incentives Anxiety, Depression & Phobias: Disability Tax Credit Workers Compensation: Replacement Payouts by Employer Demand For Client Information: CRA’s Abilities Tracking of Ownership Information Changes: Canada Business Corporations Act Tax Tips & Traps Issue 127, 3rd […]

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Tax Tips & Traps – 2nd Quarter – Issue 126

Tax Ticklers Home Buyers’ Plan (HBP): Enhanced Possibilities First-Time Home Buyer Incentive: New Possibility Sauna & Hydrotherapy Pool: Medical Expense Tax Credit Video Legacy: What Message Am I Leaving? Old Age Security (OAS) Deferral: Opting Out Retroactively GST/HST New Housing Rebate: Meeting The Conditions Shared Custody Of A Child: The “Equal or Near Equal” Issue […]

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Tax Tips & Traps 1st Quarter – Issue 125

Highlights: Tax Ticklers Childcare Costs: Art, Sport and Educational Camps Travel Expenses: Home to Work Site Hacked Customer Data: Federal Reporting Requirements Accelerated Depreciation: Federal Fall Economic Update Changes Federal Carbon Tax: Costs and Rebates Canada Pension Plan (CPP) Changes: Costs and Benefits are Increasing Tax Tips and Traps Issue 125 – 1st Quarter 2019 […]

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Tax Tips & Traps 4th Quarter – Issue 124

Highlights: Tax Ticklers Retaining Employment Insurance (EI) Benefits: Starting Part-Time Work Director’s Liability: Helping Out Family Tax On Split Income (TOSI): Can I Take a Salary Instead of a Dividend? Active Business vs. Property Income: Music Royalties Contractor vs. Employee: Agreement on Contractor Status Is Not Enough Divorce Settlement: Family Business Tax Tips and Traps […]

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Tax Tips & Traps 3rd Quarter – Issue 123

Highlights: Tax Ticklers Subsidized Meals: Are They a Taxable Benefit? Employer-Sponsored Social Events: After the Party Personal Use of Business Aircraft: How Big of a Taxable Benefit Is It? Directors: Can They Be Liable for Corporate Income Taxes? Interest on Delinquent Accounts: Proper Disclosure on Legal Documents Donation Receipts: How Complete is Complete? Interest Deductibility: […]

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Tax Tips & Traps 2nd Quarter 2018 – Issue 122

Highlights: Tax Ticklers Digital Currency: Basics and Tax Implications Family Members: Can I Pay Them a Salary? Corporate Passive Investment Income: Proposed Changes Reasonable Automobile Allowances: GST/HST Claim Construction Activities: Reporting Obligations for Subcontractors U.S. Citizens: Risks of Tax Non-Compliance CRA Mobile Phone Apps: Individuals and Businesses Tax Tips and Traps 2nd Quarter, Issue 122

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15 Tax Deductions You May Have Overlooked

MSN has created a handy list of tax deductions that taxpayers may overlook. https://www.msn.com/en-ca/money/topstories/15-tax-deductions-you-may-have-overlooked/ss-BBJQ2m4?ocid=spartandhp&fullscreen=true#image=1

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