Archive for the ‘Canada Tax Tips’ Category

Business use of Personal Auto

We receive many inquiries regarding how to account for the business use of personal auto. There are many instances where a self employed person or a salaried employee is required to use personal automobile for business use.
The federal budget on 2014 automobile deduction limits define the maximum deductibility or ceiling limits on [...]

Beware of Phisng Email Scams claiming to be from CRA

If you receive an email from CRA (Canada Revenue Agency) asking you to click a link to find out about your tax refund, beware!  this is a scam.   CRA has issued a warning to all Canadians to watch out for these scam emails that may result in identity theft.  For more information, check out Revenue [...]

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