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Small Business • Tax

Canada New Luxury Tax

For the 2022 tax season Canada is ushering in a new luxury tax of vehicles, boats, and aircraft. Here is a breakdown of that the new tax means for Canadians. The luxury tax applies to inventory in Canada, as well… Continue Reading…


Changes for the 2020 Tax Season

With the new tax season and the old news of Covid CRA has provided new rules and guidelines. If you collected COVID-19-related benefit payments last year, it is possible that you will see yourself owing more money than in previous years.… Continue Reading…