CRA: Friend or Foe
CRA: Friend or Foe When CRA Calls: When we hear the ring of our phones, scientists suggest that our brain is provided with a glorious surge of dopamine – a…
Selling Your Rental Property? – Capital Gains or Business Income?
Selling Your Rental Property? - Capital Gains or Business Income? Have you ever wondered what the tax differences are between holding a property for rental purposes and flipping houses as…
What Year To Claim Uncollected Income – Income Tax
A client asked us an income tax question: "I did some work in 2017 but did not get paid until 2018. What year do I claim this payment?" Answer #1:…