The service interruption on the CRA website may be more serious than earlier indicated. The site will be shut down to the public until further notice. (at least until the weekend) BKA will not be able to e-file tax returns until the security problem is resolved, but we will continue to prepare and process them so [...]
The CRA website is shut down temporarily due to a potential security threat. According to the article, it shouldn't effect e-filing returns. While no security breach is being reported yet...better safe then sorry! Here's a link to the article.
We've been hearing from a few of our clients who have received emails from the CRA with a pdf attachment, asking them to "review" their "tax information". Beware! There are many many fraudulent email's floating around trying to gather your personal information and leave you with a computer full of bugs. Not sure? Pay a [...]
Yes. If you own your own business, you could write off at least part of your vacation as a business expense. Hey, big companies do it all the time! Why shouldn't you? There are a number of things you'll have to do for it to qualify...but it could be worth it. Get advice from your [...]
Tax laws and requirements change all the time, but this change is a little troubling. If you have a small business, and an accompanying website...there are reports that the government will want that website reported on your tax return this year. Interesting. Where could this be going? Is the next question going to be "how much does your website [...]
Somehow he manages to win every month, but for January 2014, Tequila is adding some extra colour to our bland January. When you stop by our offices, be prepared to meet our special greeter. He may bark at first (likely because you woke him up), but he's only saying hello!
You have until Saturday March 1, 2014 (unless there is an extension announced) to make tax deductible RRSP contributions for the 2013 year. The higher earning individual could consider contributing to their spouse's RRSP via a "spousal RRSP" for possible greater tax savings. But don't think you're getting away with calling it a birthday present...because I still want something [...]
The kids will be coming back home for the holidays before too long...the year end will follow close behind...and after that INCOME TAX TIME! To be able to take maximum advantage of tax savings: 1/ If you have students who are away...be sure to collect their rent receipts so that they can benefit from the Ontario Tax Credit. [...]