How the Underused Housing Tax Can Affect You As of January 1, 2022, the Canadian government implemented the Underused Housing Tax. This is an annual 1% tax on the ownership of vacant or underused housing. It primarily applies to non-resident, non-Canadian owners, but can apply to residents as well. Who Has to Pay the Underused […]

Taxable Benefits and Allowances for Employees Cash and gifts that are paid or provided to employees could be considered to be taxable benefits or allowances. These can include meal allowances, gifts, or even parking spaces so it is very important to know when to include it in an employees income. Whether it will be taxable […]

Here’s Are the Tax Updates You Need to Know! We’re at that time where documents are being gather, receipts are being collected, and everyone is preparing for their personal tax return. Knowing the tax updates will make sure you get the most out of your filing and preparation. Read about some of the key changes […]

Tax Return Filing Deadlines for Your 2022 Return It’s that time of the year again and that means gathering all your documents, receipts, and information for your tax filing. This guide will go over some important tax return filing deadlines you need to know for this year. It is important to file your return early […]

Disability Tax Credit and Your Income Tax Return The disability tax credit reduces income tax for people with physical or mental impairments. Alternatively, it can also be used by their supporting family members to reduce what they may have to pay in income tax to reduce costs related to the impairment. Keep in mind that […]