Small business hiring credited extended through 2012 (May 2012)
While it didn’t get a lot of attention in the coverage of the
2012-13 federal Budget (brought down at the end of March), one of
the budget announcements was definitely good news for the small
bu...
The high cost of driving—is there tax relief available? (May 2012)
As gas prices across Canada climb past the $1.30/litre mark, and
some predictions are for $1.50/litre (or higher) gas costs by the
summer, consumers are looking for just about any way to reduce
their ...
Fixing a mistake on your tax return … after it’s filed (May 2012)
By now, most Canadian taxpayers (except the self-employed and their
spouses, who have until June 15) will have filed their 2011 income
tax returns. It’s quite often the case that a taxpayer
will...
Understanding the recent changes to Old Age Security (May 2012)
Of all the measures announced in the 2012-13 federal Budget brought
down on March 29, it was the changes to Canada’s Old Age
Security (OAS) system which will likely have the greatest impact on
t...
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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