VBAug 7, 20221 minCorporate Filing DeadlinesThe deadline to file your corporate tax return is 6 months after your fiscal yearend date. If you fail to meet this deadline the CRA can...
VBMay 113 minPersonal income tax What's new for 2022COVID-19 benefits and your taxes Amounts received related to COVID-19 If you received federal, provincial, or territorial government...
VBAug 8, 20221 minMotor Vehicle RecordsClaiming Motor Vehicle Expenses The best evidence to support the use of a vehicle is an accurate logbook of business travel maintained...
VBAug 8, 20222 minBusiness RecordsRecords are all of your accounting and other financial information documents. These documents must be kept organized. The type of...
VBAug 8, 20221 minLong-Haul Truck DriversExpenses for food and beverages consumed by a long-haul truck driver during an eligible travel period are deductible at 80%. The CRA...
VBAug 8, 20221 minMeals & EntertainmentThis seems to be the most confusing expense claimed by business owners. The maximum claim for food, beverages, and entertainment expenses...