Direct Deposit

Direct Deposit

Starting in April 2016, the federal government is switching all its payments to direct deposit. All tax refunds, GST credit, child benefits, EI, CPP, and OAS cheques will potentially be cancelled and replaced by direct deposits. While we don’t know how strictly this...
GST For Small Business

GST For Small Business

CRA is hosting a free two-part webinar on March 16 and 23, 2016 on the basics of GST. Many small business owners are either new GST registrants or could benefit from a refresher on how GST work and the filing requirements. We offer GST reconciliation and filing as...
Don’t Wait.  File Early

Don’t Wait. File Early

For most people, your personal tax return is due on April 30.  However, there is no need to wait until the rush in late April. If you are expecting a refund, we can efile any of your last 4 tax returns and typically have the money put in your account by direct deposit...
Should I File Single Or Common-Law?

Should I File Single Or Common-Law?

We see people every year who ask for help in deciding which marital status they should pick when filing their tax returns. The simple answer is that you don’t get to pick. Your marital status is just the result of answering a few questions. As of December 31 were you...
Money For Exercise

Money For Exercise

Starting in the 2007 tax year, the “Children’s fitness amount” credit was introduced to help cover the costs of fees for physical fitness programs for children 16 and under. For many years, the maximum claim was $500 per child, which worked out to a possible $75 tax...