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A sole proprietorship's income tax is paid at the owner’s marginal tax rate; a corporation has its own tax rate and tax credits.
The first tax credit from the Liberal federal government to go is the Family Tax Cut.
…it has been CRA’s policy to allow back payments for the last two years once you bring your tax filings up to date.
Whatever happens, you want to make sure your family members have a roof over their heads and can feed themselves if the company goes south.
Court action to dispute taxes on the German Social Security Pension is under appeal by German tax authorities.
Canada Revenue has ruled that several items provided by a car home establishment would be deductible.
Formerly the Universal Child Care Benefit, as of July 2016 the Canada Child Benefit will still be taxable to you.
A financial plan put down in writing will help you achieve personal goals in life.
The "unused RRSP contribution" is the amount you have overcontributed to your RRSP.
When you are buying a business expect to pay PST on the assets that are considered taxable.