It is that time of year again when you start receiving slips from your employer, government, banks, investment advisors etc. Please visit our Resources Section for forms and tools that will help you organize all your documentation quickly and with ease.

Deducting vehicle expenses? Are you ready for a CRA audit? The Canada Revenue Agency (CRA) may finally be done with their professional fees audit project, but they are now on to a new one.  This one is going to be much more onerous for many business owners.  CRA’s new project is the audit of vehicle expenses.  The details being requested are quite extensive.

Quebec is extending its sales tax to a broad range of sales of goods, services and intangibles (e.g. software, digitalized products) made from outside the province to customers in Quebec. Essentially, if your business does not have a physical or significant presence in Quebec and you sell goods, services and intangibles to specified Quebec consumers (see How to Identify specified Quebec consumers), you will need to register and remit the QST. There are two registration dates depending on the type of business.