by Web Master | Aug 18, 2023 | News
The Under Used Housing Tax (UHT) You may be tired of hearing about the UHT however, there are such huge penalties for not filing a return we feel we need to keep this topic in the forefront.When we’re talking about penalties, the minimum penalties are:- $5,000...
by Web Master | May 15, 2023 | News
Thinking of Buying a Home? On April 1, 2023, the new First Home Savings Account (FHSA) went live. This new tax-free savings plan offers first time home buyers the ability to save up to $8,000 a year to a maximum life-time contribution of $40,000. If you can’t...
by Web Master | May 15, 2023 | News
Extended Filing Deadline for the Underused Housing Tax (UHT) The Canada Revenue Agency (CRA) announced that due to the “unique challenges” associated with the UHT, they will not penalize those are late filing or paying their 2022 UHT. Though the deadline...
by Web Master | Mar 29, 2023 | News
Dealing With The Canada Revenue Agency (CRA) How to Confirm It’s the CRA Calling You With all the scams happening these days it’s difficult to know when the phone call you’re dealing with is really from the Canada Revenue Agency (CRA). When the CRA...
by Web Master | Mar 8, 2023 | News
It’s the PITs! Personal Income Tax season that is! We’ve been getting a lot of calls about what to do with our pre-season letter & checklist. We’d like you to sign them & bring them in with your tax documents. If you’re using our...
by Web Master | Jan 24, 2023 | News
The Alberta Government Announced The Affordability Action Plan Starting January 18, The Affordability Action Plan (TAAP) is rolling out $600 payments in $100 monthly installments.People qualifying & who MUST apply for the benefit include:- Seniors 65 or older who...