Final Payments Finally: Canada Carbon Rebate for Small Business
A portion of fuel charge proceeds from the price on pollution was promised to eligible small and medium-sized businesses via the Canada Carbon Rebate for Small Businesses (CCRSB). Now, the final payments for the 2024-2025 year will be coming before the end of 2025, in designated provinces. That announcement was made on November 14. Here’s what to expect:Knowledge Bureau Designate Highlight: Michelle Smith
Grow your business with the DFA - Bookkeeping Specialist™ Designation.
Review Changes Before Finalizing T Slips
While the March 2nd 2015 deadline for filing T4 slips is still some time away, CRA released publication RC4120-Employers’ Guide – Filing the T4 Slip and Summary on November 21, 2014.
Structure Your Estate For All Instances Or Courts Will
Is your estate planning up to date so that your final wishes will indeed be carried out? If not, things may not pan out, as the courts take matters into their own hands.
CRA Security Breaches: Taxpayers Must Be Able To Rely On Privacy
Canada has a taxation system that is based on self-assessment. We are required to accurately assess income, deductions and credits, filing our tax returns on time, or face penalties, interest and/or jail in serious instances.
TD1’s: 2015 Family Take Home Pay Drops
New Income Tax Estimator Can Help
Last week CRA issued the 2015 TD1 Personal Tax Credit Return and the corresponding provincial forms.
A stocking stuffer that adds up! Win a $100 Knowledge Bureau Gift Certificate
This Week: It’s a Tax Question: Win A $100 Gift Certificate
Be one of 10 recipients of a $100 gift certificate towards any Knowledge Bureau online course.
Hurry – this is the last chance to win until the new year. You can only win once - so be the first one to answer this question correctly. Here’s the question:
What is the net income amount at which the Old Age Security received by a senior is completely clawed back for 2014?
