by firsttax_admin | Nov 22, 2016 | General
During the tax season, you must ensure that you correctly file your business expenses and identify your deductible expenses. You can save yourself quite a lot of money if you pay careful attention to this aspect of your taxes. We want to show you...
by firsttax_admin | Nov 18, 2016 | General
You can deduct the expenses of the business if it is operated in order to make a profit. The expenses of your business are a calculation of what it takes to execute your trade or business. In order to be able to deduct that expense, it must be both ordinary and...
by firsttax_admin | Nov 15, 2016 | General
Tax returns can be quite a tricky business, especially if you’re not used to doing it. That’s okay, as long as you are honest about your financial affairs to the CRA. Still, you need to remember that accuracy is of the essence in filing your tax return. We’re going to...
by firsttax_admin | Nov 1, 2016 | General
In terms of your investment real estate deductions, you really need to ensure that you keep a hold of the documents gathered during your real estate transactions. Being able to present the necessary documents is the only way that the CRA will consider you for...
by firsttax_admin | Nov 1, 2016 | General
Once again, we advise that you hang onto items like insurance documents, warranties and miscellaneous records, so that when you’re going to really be ready to claim all the tax deductions, and other benefits made available to you by the CRA. In this post, we’re going...
Recent Comments