The Canada Carbon Rebate program serves as a groundbreaking solution to address the ever-growing concerns of carbon emissions and their impact on the environment. As a small business owner, understanding
The Canadian government recently announced changes to the capital gains tax system as part of its commitment to creating a fairer tax environment. These changes, which came into effect on
The Canada Revenue Agency (CRA) ensures the smooth operation of the tax system. Part of this process involves collecting taxes throughout the year, rather than just a lump sum at
Navigating the world of tax deductions can be tricky, especially when it comes to understanding which expenses qualify and how to properly claim them. Writing off your cell phone expenses
In today’s digital world, the Canada Revenue Agency (CRA) offers a variety of online tools and services designed to simplify tax management for Canadians. These user-friendly resources not only save
Juggling multiple projects, chasing invoices, and keeping track of income are all part of the exciting, yet sometimes chaotic, world of self-employment. But one thing shouldn’t add to the stress:
Paying your taxes online to the Canada Revenue Agency (CRA) is a straightforward process that can save you time and the hassle of paper filings. Whether you need to handle
In today’s gig economy, services like Uber provide Canadians with a flexible way to earn income. However, this flexibility necessitates a high level of responsibility, particularly in tax matters. Understanding
Corporate taxation in Canada is a complex yet crucial aspect of running a business. Having a good understanding of the tax system can bring significant financial benefits and ensure compliance
The Underused Housing Tax (UHT), introduced in 2022, aims to address vacant or underused residential properties in Canada. With the April 30th deadline approaching, it’s crucial for property owners to
Ever wondered why your paycheck isn’t quite what you expected? In Canada, employers withhold certain amounts from your earnings to go towards taxes and social programs. Understanding these deductions is
When it comes to real estate and taxes in Canada, the rules can seem daunting, especially when you’re faced with a situation you haven’t navigated before. For instance, what happens
The Canadian Federal Budget for 2024 has been released, and outlines a variety of proposed tax changes impacting individuals and businesses. While the details are still being finalized, this blog
If you are a Canadian business owner, you may wonder if you need to collect the goods and services tax (GST) or the harmonized sales tax (HST) from your customers.
Living with a physical or mental impairment can incur significant extra costs. The Canadian government recognizes these challenges and offers the Disability Tax Credit (DTC) to provide some financial relief.
If you’re working as a rideshare driver for Uber, Lyft, Uride, or doing food delivery through platforms like Uber Eats, DoorDash, or SkipTheDishes, it’s essential to navigate the world of
Navigating the world of tax deductions can be daunting, but as a parent in Canada, understanding how to claim child care expenses can significantly impact your tax return. In this
Tax season can be overwhelming, especially when it comes to understanding your Uber Tax Summary as a Canadian driver. But fear not! This guide will break down your Uber Tax
Taxes can be confusing, especially when it comes to understanding the benefits you’re entitled to. But here’s some good news! The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is
CRA audits can be a source of significant stress for any Canadian taxpayer, but with the right knowledge and preparation, you can manage them with confidence. Understanding the triggers for
If you’re an Uber driver in Canada, handling HST (Harmonized Sales Tax) for your income is a big responsibility, but we’re here to help you understand it. HST is a
Uber, Lyft, DoorDash and other food delivery drivers in Toronto, Vancouver and across Canada joined a global strike on February 14, 2024, to demand fair wage and better working conditions.
Moving to a new place can be exciting, but also expensive. Fortunately, you might be able to save some money on your taxes by deducting your moving expenses. This is
In today’s fast-paced world, convenience is key, and Instacart has emerged as a game-changer in the grocery delivery industry. With its user-friendly platform and efficient services, it’s no wonder that
If you’re a Canadian taxpayer, you probably know that filing your tax return is not the final step in your tax obligations. After you submit your return, the Canada Revenue
The tax system in Canada is constantly evolving to reflect the economic and social realities of the country. As a Canadian taxpayer, it is important to stay informed of the
Real estate investing can be a great way to build wealth and achieve your financial goals. But what if you don’t have enough money to buy a property on your
If you are new to Canada, you may be wondering how the Canadian tax system works and what you need to do to file your taxes. Filing your taxes is
When it comes to getting a car, the decision of whether to lease or finance can be a daunting one. As an accountant, I understand the importance of this decision
If you love driving and making people happy with food, you might enjoy working as a skip the dishes driver. It’s a flexible way to earn some extra cash on
Filing taxes as a Doordash driver can be tricky, and it’s easy to feel like you’re stuck in a maze of paperwork and deadlines. But don’t worry, delivery heroes! We’re
If you’re a small business owner or an employee who travels for work, you might be wondering how to deduct your meal expenses from your taxes. Well, the Canada Revenue
Today I want to talk to you about some important changes that are coming to the Canada Pension Plan (CPP) in 2024. If you are working as employee or self-employed
The Multigenerational Home Renovation Tax Credit (MHRTC) is a game-changer for homeowners, starting with the 2023 tax year. It’s a refundable tax credit designed to promote multigenerational living by facilitating
The Canada Revenue Agency (CRA) provides a variety of tax credits and benefits to eligible Canadians and credits that can help you with your income, expenses, taxes, and more. These
As an accountant specializing in small business taxes, I understand the importance of year-end tax planning. It’s a crucial time for entrepreneurs and small business owners like you to review
Being self-employed in Canada comes with its perks, such as the freedom to work on your own terms, set your own schedule, and choose projects that align with your interests.
Welcome, fellow entrepreneur! You have taken a bold step by choosing to be self-employed or considering self-employment in Canada. You should be proud of yourself for following your dreams! But
Ever heard of the Underused Housing Tax (UHT) in Canada? It’s a new thing that encourages property owners to rent out or sell their homes. Wondering if it affects you?
Understanding Canadian tax laws and regulations can be complex. Therefore, the CRA has established services to help individuals and businesses seeking clarification on various tax-related matters. Whether you are an
Tax Credits in Canada are a great way to lower your income tax and save money. They work like a discount coupon that you can apply to your tax bill.
If you’re a driver for one of the popular food delivery apps in Canada, such as Uber Eats, DoorDash, SkipTheDishes, Instacart, or Corner Shop, you might be wondering how to
Starting a career as a ride-share driver in Canada, whether with Uber, Lyft, or any other ride-sharing app, can be both rewarding and challenging. However, you also need to be
What is the TD1 form? The TD1 form is a tax form that allows employees to tell their employers how much tax they want to have deducted from their paycheque.
Many Uber drivers in Canada don’t know how to file their taxes correctly. They might lose money or get in trouble with the CRA because of errors or missing information.
If you’re self-employed in Canada, you may be wondering how to file your GST/HST returns. GST/HST is a value-added tax that applies to most goods and services sold in Canada.
As Canadians prepare to file their 2022 tax returns, concerns about a potential strike by Canada Revenue Agency (CRA) workers may arise. With over 35,000 CRA workers and an additional
With the development of technology, numerous apps are available for people to maintain and manage their E-commerce businesses. The problem is that they don’t know which particular app they should
For truck drivers, like everyone else, tax deductions are a great way to save money. Truck driver generally don’t have time research or discuss with their accountant about these deductions.
Most of us pursue post-secondary education to improve our skill set in hopes of landing a good job or successfully starting our own venture. A lot of time, effort, and
There are so many apps in the market nowadays, to cater to most of our business needs. With so many apps available, it becomes difficult to find the right one
Uber Eats, Skip, Doordash and other delivery drivers do a lot of hard work earning their living off of these apps. They have to drive downtown, during the worst hours,
HST on Uber drivers As a matter of fact, Uber transfers money earned by an uber driver to his bank account. But, one thing to notice here is that those
HST for Uber drivers The terminology of HST for Uber drivers is really valuable, especially when it comes to the Tax filing for Uber drivers. Likewise, it thoroughly depends upon
The staycation tax credit is a new thing as a sort of taxation by the government of Canada. It not only seems to be really interesting but the Canadians can
Workers in the gig economy There has been various news regarding the issues being faced by the gig economy in Canada. So, to have an insight into this issue this
What is a luxury tax Canada? This terminology of luxury tax Canada was imposed by the Government of Canada on the budget 2021 when there is a need to have
Filing income tax for small businesses The process of filing income tax can be different from business to business and sector. But, the process of taxation can be a hectic
What do you mean by tax brackets? Tax brackets are usually the analysis of taxable amount on the basis of personal income. It is different for different countries of the
The Uber tax summary is really valuable for tax filing, especially for Uber drivers. As Canada is having the tax season for the taxations of 2021, so every individual is
Crypto tax Canada The locality of Canada really favors the latest innovations. Especially the one being known as the crypto tax is a new innovation in Canada Cryptocurrency and tax
The method of tax filing in Canada for Uber drivers is different in their own very way. Transportation companies especially in Canada have either specific contracts or they make their
This notice for Canada Child benefit or CCB is based upon the specific income of families. The reason to classify it as a notice depends upon the fact this is
Uber drivers in Canada The government of Canada highly supports Uber drivers. Likewise, the working of Uber in Canada is really appreciated. The most prominent feature of Uber in Canada
“ Accountants adding value to the strategy of business” Instaccountant is there to assist in the season of tax in Canada. As the tax season in Canada is in a
Professional accounting, bookkeeping and tax filing services in Cambridge, Ontario. Instaccountant has opened an office in Cambridge, new clients are welcome!
Toronto has a lot of real estate agents (mostly part timers, self-employed). Most of them will be confused about filing their taxes. The biggest question is, what expenses can a realtor claim as tax deductions in Canada? Here’s a list to help you out.
What is Uber trip earning for drivers and how it is calculated? This is a questions most Uber drivers have, answered in simple words here.
We are offering remote tax filing service. We can do it in six easy steps. Call us to discuss. Send documents and information. We will prepare tax return. Sign off T183 form. Return filed with CRA.
Trudeau has announced an emergency economic relief package for distressed Canadian families and small businesses. This is an extra ordinary situation and the government is gearing up to support the an uncertain slowed-down economy.
COVID-19 has caused Canadians to stay home. Staying home is the best strategy to avoid this Corona virus monster. Why take the risk for filing tax. If you are thinking that, you are right! When you can file tax without visiting our office, why not.
If you’re a driver for one of the popular food delivery apps in Canada, such as Uber Eats, DoorDash, SkipTheDishes, Instacart, or Corner Shop, you
