Shaelene’s Tax Tip of the Week – March 18th

Protect yourself against scammers! The CRA will never send you an e-mail with a link unless you personally request a transcript via your phone call. They will never ask for personal information via text or e-mail. Additionally, the CRA will never request payments via pre-paid credit cards, or ask you to provide the tax information of a family member without their consent.

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Shaelene’s Tax Tip of the Week – March 4th

If you run your business from your home, be aware of the expenses you can write off. Keep track of the proportional amount you use for expenses like internet, hydro, rent, or even your mortgage interest that you accumulate during your business hours.

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Shaelene’s Tax Tip of the Week – February 26th

Have you given your employee a gift recently? It isn’t always a taxable benefit. Non-cash gifts for a special occasion have an upper limit of $500, and non-cash gifts for a work anniversary have an upper limit of $500 every five years.  Anything in excess, however, is a taxable benefit.

Have questions? Give us a call! 905-571-2665