Need Help? Canada Revenue Agency letter campaign

Apr 272011

Canada’s tax system is based on self-assessment, which means that individuals are responsible for accurately completing and filing their tax returns on time. The Canada Revenue Agency (CRA) provides Canadians with the information they need to meet their income tax obligations.

See link below for link to CRA website:

http://www.cra-arc.gc.ca/whtsnw/tms/lttrcmpgn-eng.html#_pubs

If you have received one of these letters from the CRA and you need assistance we can help.

IT workers build political support against CRA

Corporate Tax, Personal Tax, Tax No Responses »

Apr 272011

Contractors are frustrated by a Canada Revenue Agency ruling they are not businesses and don’t qualify for tax credits, writes James Bagnall

I will be posting additional articles with respect to this on my blog shortly. I will re-post to LinkedIn when completed.

IT professionals angry over increased taxes (canada.com)
The right way to complain about your taxes (theglobeandmail.com)
7 tax mistakes that could trigger an audit (moneyville.ca)
Messed up your taxes? Move fast to get them right (theglobeandmail.com)
My Money: Tax ombudsman acts as intermediary (windsorstar.com)

TFSA vs RRSP Which is Right?

Corporate Tax, Personal Tax, Tax, Uncategorized 1 Response »

Apr 142011

TFSA vs RRSP — Which is Right? BOTH if you want your dream retirement!

Posted: January 21, 2010, 10:40 AM by Jonathan_Chevreau

Retirement, Saving, RRSPs, TFSAs

With the annual RRSP season well under way PLUS the second year of the new Tax Free Savings Account (TFSA) program, it’s natural enough to ask the question whether one or the other is more suitable. Such is the nature of an “advisory” issued this morning by BMO Financial Group.