by bbatax | Jun 29, 2026 | Accounting
SR&ED Tax Credit in Canada: How Small Businesses Claim It in 2026 The SR&ED tax credit is the single largest source of federal innovation funding for Canadian businesses, putting billions of dollars back into companies that solve technical problems each...
by bbatax | Jun 29, 2026 | Accounting
CRA Tax Instalments in 2026: Who Has to Pay and How to Avoid Interest If the Canada Revenue Agency has sent you an instalment reminder, you are not being audited and you have not done anything wrong. CRA tax instalments are simply periodic pre-payments of income tax...
by bbatax | May 21, 2026 | Accounting
Hiring your first employee in Canada — whether you run a small business in Ottawa, Kanata, or anywhere else in the country — means you become a CRA payroll account holder, a source-deduction collector, and a year-end T4 issuer all at once. Getting small business...
by bbatax | May 14, 2026 | Accounting
Every Canadian small business owner who drives for work — whether you visit clients in Kanata, deliver around the Ottawa core, or run a trade truck across Eastern Ontario — can claim a vehicle tax deduction in Canada. The catch is that the Canada Revenue Agency (CRA)...
by bbatax | Apr 29, 2026 | Accounting
The single most common reason a Canadian crypto return gets reassessed by the CRA is wrong cost-basis math — and the math is wrong because most self-prepared filers either guess at adjusted cost base crypto Canada rules, copy a U.S.-style FIFO method that the CRA does...