Simply withdrawing cash will likely result in a significant tax bill. The question becomes: how do you tax-efficiently take money out of your business?

In response to the economic disruption caused by COVID-19, the deadline for filing personal tax

As your wealth accumulates, being familiar with the taxation on investment portfolio can increase the after-tax return on your investments.

In response to the economic disruption caused by COVID-19, the Federal and provincial governments have

With your personal tax filing due date approaching, here some of the common items you should consider in order to maximize your personal tax refund. 

Many business owners use their cars for business and personally incur expenses in doing so.

If you have employees or paid dividends last year, you are required to file a T4 or T5 with the CRA. Both T4 and T5 deadlines are coming up. 

As we are near the end of January and tax season around the corner, I would like to remind you about the two tax savings opportunities: TFSA and RRSP.

As we begin a new year, it’s wise to stay informed about the latest tax rates. Here are the latest combined 2020 corporate tax rates.

Corporate tax instalments are advance payments made to the CRA to cover taxes for the current tax year. The required amount and due date will vary.