Income Tax

Write-off – or wrong?

So… here are a couple of things I’ve overheard on buses, trains and planes recently: “He tells me it’s a great investment – you get a complete tax write-off for it.” “My brother started this business last year and he’s paying no taxes...

Free Money From The Government!

OK, that should generate a few click-throughs… Believe it or not, it does exist. But it’s not lying on the ground. And, as a taxpayer, I’m quite glad about that. The government often supports things it wants to promote – eg. health, arts,...

Christmas is coming…

… and with it, all the celebrations and family time that are the most important things in life. It’s typically a quieter time in our office. True, businesses still buy and sell things, file HST returns and pay their staff, so it never goes completely...

Brown Envelope Worries

Many people have an irrational fear of brown envelopes that arrive in the mail. I used to be such a person. But we see enough letters from Canada Revenue Agency (CRA) that I had to get over it. If you suffer from letterphobia, then I offer the following...