by Roberto Belingueres | Feb 14, 2024 | Articles & Publications, Taxes
The Surprising Medical Expenses You Can Claim with the CRA! In the realm of medical expenses, which are often deemed both essential and financially burdensome, the Canada Revenue Agency (CRA) emerges as a potential source of relief for Canadians. While the CRA...
by Roberto Belingueres | Jan 3, 2024 | Taxes
Tax numbers for 2024 Here are the new tax numbers you need to know. Inflation adjustment factor Most income tax and benefit amounts are indexed to inflation each year. In November, the Canada Revenue Agency announced the inflation rate to be used to index the...
by Roberto Belingueres | Dec 3, 2023 | Blog, Taxes
How & When to File GST HST Netfile? This article is for you if you are a business entity operating in Canada. GST/HST Netfile To file goods and services tax/harmonized sales tax (GST/HST) returns and qualifying rebates directly to the Canada Revenue Agency (CRA)...
by Roberto Belingueres | Oct 23, 2022 | Accounting, Articles & Publications, Taxes
Shareholder Owners Salaries vs Dividends. Which Method is Better for You? When is it better to pay yourself a salary vs. dividends as the owner/manager of a corporation? Each method has pros and cons, and as a business owner, you should be aware of your options...
by Roberto Belingueres | Sep 19, 2022 | Articles & Publications, Taxes
Understanding the Shareholder Loan. How to Use it to your Advantage and Stay Compliant with CRA If you are the owner-manager of a corporation, understanding the concept of the shareholder loan is essential to running your business. Below I will explain what a...
by Roberto Belingueres | Jun 2, 2022 | Articles & Publications, Taxes
GST/HST for digital economy businesses Overview New rules for digital economy businesses are in effect as of July 1, 2021. As of July 1, 2021, digital economy businesses, including digital platform operators, may have potential goods and services tax/harmonized sales...
