Every group benefit plan has its pros and cons. It is important to educate your employees about their options and the benefits of each choice.
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Top 9 Ways to Maximize Your Tax Return in Canada in 2025
As tax season approaches in Canada, it’s time to start thinking about how to make the most of your tax return. The Canadian tax system offers numerous opportunities for individuals to optimize their financial situation and receive the maximum refund possible.
Department of Finance Introduces Draft Legislation Limiting Expense Claims for Short-Term Rentals
In a move to tackle the housing crisis gripping major Canadian cities, the Department of Finance Canada has released a draft legislation aimed at curtailing the tax benefits associated with short-term rentals.
US LLCs Cause Canadian Tax Problems for 2025
Canadian individuals who choose to utilize US Limited Liability Companies (LLCs) for earning rental income or conducting business in the United States encounter a host of challenges due to the distinct tax treatment by the Canada Revenue Agency (CRA).
What is Line 15000 on the Tax Return in Canada for 2025?
Filing your tax return can be a perplexing task, with various lines and numbers demanding your attention. One such line that may catch your eye is Line 15000.
Tax Implications of Giving Gifts to Employees in Canada in 2025
Many employers may be planning to give gifts or awards in 2024 to their employees. But what are the tax implications?
How to File Taxes Online for Free in Canada?
Filing and paying taxes is a crucial task for every Canadian citizen. Skipping this responsibility can lead to serious consequences. So, it’s best to stay on top of deadlines and requirements.
What Are the Changes in Canada for Tax Season 2024?
With tax season upon us, it’s important to stay informed about changes to taxation laws and guidelines. Here are some of the most important updates to keep in mind.
How Does Income Tax Work in Canada in 2025?
Income tax in Canada holds a central position within the nation’s fiscal framework. It serves as a cornerstone for funding essential public services and infrastructure projects.