Tag Archives: Income Tax
Canada Revenue Agency: Manage Online Mail – New Service
Commencing February 9, 2015, a new service called Manage Online Mail is being offered by the Canada Revenue Agency (CRA) to electronically deliver mail to Canadians. Online mail is the best way to manage your correspondence from the CRA. This … Continue reading
How long do I keep my business and personal records?
The purpose of today’s note is to provide information to persons who are required by law to keep books and records in Canada. A person in the context of this note includes, in addition to individuals, a corporation, a trust, … Continue reading
Personal Income Tax: First-time home buyers’ tax credit
If in 2013 you were a first time home buyer, read on. If you already file your taxes and missed this credit up, it is not too late, you can still claim it. What is it, then? If you are … Continue reading
Canada Revenue Agency Warns: Beware of telephone and email scams
The Canada Revenue Agency (CRA) warns all taxpayers to beware of telephone calls or emails that claim to be from the CRA but are not. These are phishing and other fraudulent scams that could result in identity and financial theft. … Continue reading
Reminder: Report your tips – They are taxable income
The Canada Revenue Agency (CRA) is reminding Canadians who earn tips and gratuities that they represent taxable income and must be reported on annual income tax and benefit returns. Restaurant servers, hairdressers, valets, taxi drivers, and others who earn tips … Continue reading
Bright New World Corp 