by bbatax | Sep 28, 2025 | Accounting
Table of Contents Introduction — Why CRA Sends Review or Audit Letters Review Letter vs Audit Letter — What’s the Difference? First Steps to Take When You Receive a CRA Letter Documents the CRA Commonly Requests CRA Audit Triggers and Red Flags Car and Vehicle Expense... 
by bbatax | Sep 20, 2025 | Accounting
Table of contents Introduction — quick answer and who this is for TL;DR: Who should use TurboTax and who should hire an accountant? What TurboTax (and other DIY tax software) can do — strengths & limitations What a professional tax accountant brings to the table... 
by bbatax | Dec 27, 2024 | Accounting
Paying taxes is a legal obligation for individuals and businesses in Canada. Failing to pay taxes or file tax returns on time can lead to severe consequences, including financial penalties, interest charges, legal action, and damage to your credit score. For many,... 
by bbatax | Sep 10, 2024 | Accounting
Table of Contents Introduction Importance of Tax Deductions for Small Businesses Maximizing Your Tax Savings in Ottawa 1. Home Office Expenses What You Can Deduct How to Calculate the Deduction 2. Vehicle Expenses Deductible Expenses How to Track Vehicle Expenses 3.... 
by bbatax | Jul 10, 2024 | Accounting
When it comes to managing your finances, both personally and for your business, the expertise of a professional accountant can be invaluable. At BBA Tax, our team of skilled accountants is dedicated to helping you navigate the complexities of financial management and...
