Canada Tax

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Related Canada Tax Questions
Currently, I'm on a title as joint ownership on a property
Second opinion] Currently, I'm on a title as joint ownership on a property in BC, Canada with my mother in law. The property was purchased in December 2020. I became a non-resident of Canada (working … read more
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Canada incorporation tax vs personal tax. I need chartered
Before applying as Incorporation a year ago, we used to submit the side of the business in our personal income tax. Now needing guidance as to differentiate corporation taxation vs. business in our personal tax. As directors of the corporation, me and my husband, do we still submit business tax information in our personal tax submission for this matter? We have not taken any salary from the business, how do we reflect this in our taxes (personal & corporation)?… read more
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Second Opinion] I'm filing taxes for a business I started last year. I'm at a loss of what I'm doing, as I was instructed originally to file my personal and business taxes separate, and now, nothing m… read more
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I am treasurer for a nonprofit condominium. I have been told
I am treasurer for a nonprofit condominium. I have been told that I must follow the rules for a not-for-profit organization which are a higher standard than the normal GAAP. Is this correct, and if so… read more
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I am from Ontario, Canada. We purchased a house on December
I am from Ontario, Canada. We purchased a house on December 2020 and plan to rent it. Its not rented yet but we had some renovation expenses back in december. CRA told me that since its going to be so… read more
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Can I claim employee expenses even if my employer did not
hi there, can I claim employee expenses even if my employer did not pay me in 2020? example commision employee … read more
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I would like to start a company become Incorporated in
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A few things in one. This is related to me filing my
HelloA few things in one. This is related to me filing my personal sole proprietor Canadian taxes - and in conjuncts with business investment losses with a previously owned CorporationI held majority … read more
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I am an employee, but I have a side hustle as well. I do not
I am an employee, but I have a side hustle as well. I do not know if i should incorporate now or still stay as a sole proprietor I am from Toronto Canada. I am not from the USA. … read more
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I moved to Canada in October 2019. I started working on 1
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Hi there, do you have experience with accounting in Canada? … read more
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I am a sole proprietor. Sold business in November. It was a
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Second opinion] Can a corporation operate the same business
Second opinion] Can a corporation operate the same business under multiple trade names and combine all incomes and expenses from various trade names in the same single corporate tax return in Canada?… read more
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If I transfer stocks I own personally to my incorporated business
If I transfer stocks I own personally to my incorporated business (100% owned by me) will any capital gain have to be taken by me or will it be added to the tax base of the corporation and I will pay … read more
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I make $ 60,000 gross on self employment.I own a company
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