A sole proprietorship's income tax is paid at the owner’s marginal tax rate; a corporation has its own tax rate and tax credits.
The first tax credit from the Liberal federal government to go is the Family Tax Cut.
…it has been CRA’s policy to allow back payments for the last two years once you bring your tax filings up to date.
Whatever happens, you want to make sure your family members have a roof over their heads and can feed themselves if the company goes south.
The time lag to pay these workers can be up to 60 days and in some cases the sub sub-contractors may not be paid at all…
Court action to dispute taxes on the German Social Security Pension is under appeal by German tax authorities.
Having a will in place is essential to ensuring your financial affairs are in order upon your death.
Canada Revenue has ruled that several items provided by a car home establishment would be deductible.
Formerly the Universal Child Care Benefit, as of July 2016 the Canada Child Benefit will still be taxable to you.
Our tax system is considered progressive because the higher your income level, the more tax you pay.
Financial columnist Gabriele Banka looks at impact on tax code with election of new Liberal majority government.
You may not be able to obtain business financing in the future if no credit rating has been established.
In order to qualify for the home accessibility credit, you need to be 65 years or older and be eligible for the disability tax credit.
I have received reports that the people on the phone are very aggressive, even so far as threatening people with prison and bodily harm.
Child care expenses an other child tax credits in a relationship breakdown are a minefield.
One-third of our population is over 55 so [about] one-third of the people who filed for bankruptcy in 2013, were over 55.
A financial plan put down in writing will help you achieve personal goals in life.
The "unused RRSP contribution" is the amount you have overcontributed to your RRSP.
RRSP Unused Contributions also known as Overcontributions
When you are buying a business expect to pay PST on the assets that are considered taxable.