by bbatax | Jan 27, 2026 | Accounting
Table of Contents Introduction CRA Audit vs CRA Reassessment: Key Differences Standard CRA Audit Time Limits Exceptions That Allow the CRA to Go Back Further How Far Back the CRA Can Audit Individuals How Far Back the CRA Can Audit Businesses and Corporations...
by bbatax | Jan 27, 2026 | Accounting
Table of Contents Introduction What Is GST/HST? Who Must Register for GST/HST in 2026 Small Supplier Rules Explained When You Should Register Voluntarily How to Register for GST/HST How to File GST/HST Returns Input Tax Credits (ITCs) Explained Filing Deadlines and...
by bbatax | Dec 28, 2025 | Accounting
Table of Contents Introduction How CRA Defines Deductible Corporate Expenses Common Operating Expenses Corporations Can Write Off Employee, Payroll, and Professional Expenses Home Office and Property-Related Expenses Vehicle and Travel Expenses Capital Assets and...
by bbatax | Dec 28, 2025 | Accounting
Table of Contents Introduction Overview of the T1 Self-Employed Tax Return2.1 Who Files a T1 Self-Employed Return2.2 How Business Income Is Reported on a T1 Overview of the T2 Corporate Tax Return3.1 Who Must File a T2 Corporate Return3.2 Corporate Income Reporting...
by bbatax | Nov 30, 2025 | Accounting
Table of Contents Introduction: RRSP vs TFSA Understanding RRSPs Understanding TFSAs Key Differences Between RRSP and TFSA Factors to Consider Before Contributing Strategies for 2025 Contributions Tax Implications and Benefits Using RRSPs and TFSAs Together How a Tax...