APBS Blog

You can’t avoid income tax, but there are a number of things that you may be able to do to reduce the amount of income tax you pay if you operate a small business in Canada. Follow the link [...]

A worker’s employment status affects his or her entitlement to EI and CPP benefits. A person that is an employee is entitled to those benefits while a self-employed worker, such as a [...]

There are a number of misleading statements and myths about Canada’s tax laws out there. It is important that you know which ones are true and which ones are not, as misunderstandings about tax [...]

Are you a parent? Do you have kids that like to paint, play sports, or engage in extracurricular activities? Passed in the 2011 federal budget, the Children’s Tax Act Credit allows parents to [...]

You should always file a tax return according to the law. There are many ways to save taxes without violating the Income Tax Act and other tax laws. It is your right to arrange your affairs in [...]

The CRA now provides online services for business and individual users to file, pay, and view detailed information about their tax accounts online. To access and/or learn more about these [...]

The CRA has taken the time to warn people that any emails that appear to be from them, and especially requesting personal information, may in fact be fraudulent. If you do receive such an email [...]

If you were not aware, some important changes to the reporting requirements for GST/HST registrants took place in the summer of 2010. Specifically, electronic filing became mandatory for those [...]

Here are 10 tips from the CRA itself on how to save taxes. While most of these should be familiar to you, it’s a good idea to look at the list. There are many other ways to save as well [...]

What is it? Administered by the CRA, the Scientific Research and Experimental Development Tax Incentive Program, or SRED program for short, is a federal tax incentive program. The purpose of the [...]