Establishing if it is worth claiming medical expenses in your tax return. Can you claim medical expenses in your personal or business...

As cloud-based accountants offering services to construction and professional services businesses we see a lot of clients deduct a...

On January 1, 2022, the government of Canada’s Underused Housing Tax (UHT) came into effect. The act is the government’s attempt to...

Defending yourself from the CRA can be costly and time consuming.

Updated December 2024 Maximizing Vehicle Expense Deductions for Canadian Business Owners in 2024 If you own a vehicle that you use for...

We often get asked the question, how long you should keep your tax documents for CRA purposes? The common answer that you can find easily...

You use your vehicle for business purposes and you need a way to track mileage, so you know (and can prove to CRA) how much driving was...

In April we introduced you to Audit Shield – a program that covers the cost of defending an audit from the CRA. Accountancy Insurance is...

With the growing number of audits initiated by the Canada Revenue Agency (CRA), we have seen more and more of our own clients’ returns...

'After a busy day helping my clients and managing my suppliers and staff, I really enjoy sitting down to sort and manage my paperwork.'...