CRA updates and plain-English tax advice.
Notes from 20 years of filing Canadian returns — written for the people actually affected by the rules, not for other accountants.
Latest articles
Over-Contributed to Your TFSA? Here's How to Fix It — and Possibly Get the Penalty Waived
Putting too much into a TFSA triggers a 1% monthly CRA tax on the excess — but it is fixable, and a first honest mistake is often forgiven if you act quickly and follow the right process.
The Role of Business Analytics in Assessing Company Performance
How Canadian businesses use analytics to judge profitability — the metrics that matter, the information you need to gather, and where data-driven decisions actually pay off.
Important Update From the Canada Revenue Agency: Business Mail Is Going Online
The CRA is moving to online mail as the default for most business correspondence. Here is who it affects, how to prepare, and how to request paper mail if you are not ready.
Paying Yourself as a Business Owner: T4 Salary vs. T5 Dividends — The Ultimate Guide
Salary or dividends changes your RRSP room, your CPP entitlement, your corporation's tax bill and your paperwork — with real examples and what happens in bankruptcy.