Clarity at last for US citizens in Canada that have not filed their tax returns
Fear and Uncertainty. These two words were very representative of the general environment of US citizens in Canada that needed to catch up on US...
Non-resident Tax issues in Canada – A Primer
Many people have heard of the idea of becoming non-resident for Canadian tax purposes. Since the Canadian tax system is based on your residency...
Most Overlooked tax breaks
I recently gave an interview to the CBC regarding tax breaks that I have frequently seen missed by Canadians over the years. You can see the whole...
Incorporated? – T4/T5 deadline looms – Are you ready?
If you have an incorporated business and pay yourself, family members or other employees a wage or dividends from your company then your company is...
Spousal Loans – How do they work?
Spousal loans can work great in certain tax situations to shift investment income from a higher taxed spouse to a lower taxed one while also...
Private Health Services Plan for Incorporated Professionals and Small Businesses
A private health services plan (PHSP) can be a great vehicle for small business owners and incorporated professionals. What is a PHSP? Simply put...
It’s All About the Relationship
Someone asked me the other day what it was that made me want to be an accountant. It got me to thinking, and I finally said it was the...
Corporate/Professional year end tax planning
If you are an incorporated professional in Victoria or an incorporated businessperson have you considered your year end tax planning with your tax...
Moving expenses – a primer
Have you recently moved to Victoria or Oak Bay? Will you be earning income in Victoria from employment or a business? Have you moved at least 40...