by Web Master | Aug 18, 2023 | News
First Home Savings Account (FHSA) We may have mentioned it before however, we thought it was a good idea to mention it again. The FHSA is a registered savings plan created to help first time home buyers save up for their first home tax-free. Check out our August...
by Web Master | Aug 18, 2023 | News
We Have New Faces in the Office! Introducing our new junior accountants: on the left Andy Lu & on the right Meet Patel.(Our guys are happy as they don’t feel quite so outnumbered anymore!) Do You Know About the Canadian Training Credit (CTC)?The...
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...
