Bookkeeping is essential for health professionals, ensuring financial stability, compliance with tax regulations, and efficient practice management. Whether you’re a doctor, dentist, chiropractor, or therapist, maintaining accurate financial records is crucial. Here are the best practices for bookkeeping in the…
Selling an income property can be a lucrative decision, but it also comes with potential tax liabilities—most notably, capital gains tax. Understanding how to Reduce your capital gains exposure can help you keep more of your profits. Here are some…
Receiving an audit letter from the Canada Revenue Agency (CRA) can be unsettling, but it’s important to remember that audits are a standard part of the tax process and don’t necessarily imply that you’ve done anything wrong. The CRA conducts…
If you’ve received a notice from the Canada Revenue Agency (CRA) stating that you owe taxes and are being placed under collections, it can be stressful and overwhelming. However, it’s important to remember that you have options and there are…