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Changes to Rules on Eligible Deductions for Short-Term Rental Properties: What you Need to Know

The Canada Revenue Agency (CRA) has introduced significant changes to the rules for eligible deductions from short-term rental income, effective for tax years after 2023. ...
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Capital Gains Tax Changes Deferred to 2026: What You Need to Know

After months of uncertainty, Canada’s Department of Finance announced on January 31, 2025, that the date for increasing the capital gains inclusion rate will be ...
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Navigating Divorce & Separation: Key Financial and Tax Considerations

Divorce and separation are emotionally and financially challenging, and they come with significant tax implications that can impact both parties. Proper tax planning can help ...
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Updates to Bare Trust Reporting Rules for 2024

The Department of Finance and the Canada Revenue Agency (CRA) have announced that bare trusts will be exempt from filing T3 tax returns including Schedule ...
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Alberta Child and Family Benefit

The Alberta Child and Family Benefit (ACFB) is a tax-free financial program that supports low- and middle-income families with children under 18 years old. How ...
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Xero Webinars to Help you Make the Most of Xero

  Set up your small business in Xero October 17 at 10 am PT / 1 pm ET Complete your setup correctly to use Xero ...
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