by Web Master | Sep 26, 2022 | Blogs
Clients regularly ask, are there Inheritance & Estate taxes in Canada? The good news is there is no inheritance tax in Canada on money or property you inherit. As a result, you do not report receiving it on your personal tax return. Why may you ask? It is the...
by Web Master | Sep 22, 2022 | News
The Canada Revenue Agency (CRA) announced that the prescribed interest rates are increasing from October 1, 2022 to December 31, 2022. What does this mean to you as a personal &/or corporate taxpayer? For information on prescribed interest rates, the latest...
by Web Master | Sep 22, 2022 | News
The first installment of the climate action incentive payment (CAIP) was sent out today & recipients will receive both the April & July payment in one lump sump. The next installments will be October 15, 2022 & January 15, 2023. For more information on...
by Web Master | Jul 7, 2022 | Blogs
This taxation year was the first time we saw a lot of cryptocurrency (crypto) transactions, so we thought it might be interesting to share some tax information about it. So, What is Crypto? Crypto is a digital currency designed to be used over the internet. The...
by Web Master | Jun 28, 2022 | News
In 2023, the Canada Revenue Agency (CRA) is starting the switch to electronic notices of assessment. What does this mean to you? It means if you haven’t already, you need to register for a MyAccount. You’ll need an email address to set up the...
