If you are a performing artist such as an actor or a musician, the Canada Revenue Agency has special rules that pertain to you. This article covers all the details and specifies the tax write-offs or expenses(Tax Deductions) that you may be able to deduct from your income. Now that we’ve set the stage, read on… […]
Author Archives: Tax Partners
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Jun
Jun
Tax Problem Solutions More often than not, complex tax problems are unanticipated; not to mention, they are almost always without clarification or simple answers. The support of a competent tax professional can help you with feasible tax solutions, which could be your first step towards the best possible outcome. If you are seeking feasible, practical […]
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Jun
Jun
Are You Facing One of The Following Tax Problems? Tax Audit Tax Arrears Problems Unreported Income Back Tax Demand to File Overdue Tax Debts CRA Tax Relief Late Tax Payroll Tax Arrears Unfair Income Garnishment Tax Reassessment Canadian Tax Relief CRA (Canada Revenue Agency) Taxpayer Relief Voluntary Disclosure Program or VDP Tax Amnesty or Tax […]
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Jun
Jun
Professional tax representation is the best tool to combat CRA Agents The Canada Revenue Agency’s (short for CRA) agents can sometimes be very demanding and intimidating, especially while dealing directly with the tax payers. In fact, it would not be an exaggeration to say that they are the reason behind the sleepless nights of many […]
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Jun
Jun
The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from July 1, 2017, to September 30, 2017. There have been no changes to the prescribed interest rates […]
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Jun
Jun
The Canada Revenue Agency (CRA) confirmed Monday that it will not seek leave to appeal to the Supreme Court of Canada the decision of the Federal Court of Appeal that granted BP Canada Energy Company’s (BP Canada) appeal of an order to release certain records to the CRA. The CRA believes the ability to obtain […]
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Jun
Jun
if you are self-employed or the spouse or common-law partner of someone who is, the deadline to file your 2016 income tax and benefit return is midnight on June 15, 2017. The legislated due date for any balance owing is April 30. However, since that date is a Sunday in 2017, the Canada Revenue Agency […]
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Jun
Jun
Do you use form RC59, Business Consent, to get online access to your business clients’ information in Represent a Client? If you do, here are three important things you should know: After May 15, to request online access to tax information for a business, you will need to complete the authorization request in Represent a Client. Form RC59 will no […]
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Jun
Jun
As a self-employed person , you and your spouse or common-law partner have until midnight on Thursday, June 15, 2017, to file your 2016 income tax and benefit returns. The legislated date for paying an income tax balance(tax obligations) owing is April 30. Since that date is a Sunday in 2017, the Canada Revenue Agency […]