How to prepare for a CRA tax audit in Canada?
Start by conducting a thorough review of your financial records, focusing on all supporting documents related to your reported income,…
What are the tax implications of remote work expenses in Canada?
If you work remotely from home in Canada, claiming applicable expenses can reduce your taxable income significantly. The Canada Revenue Agency…
What are the common red flags that trigger CRA audits in Canada?
For cpp collectors: here are 3 more red flags the cra is watching beyond the commonly known audit triggers that every taxpayer should…
How to find accounting communities and networks in Canada?
Start by exploring professional associations such as Chartered Professional Accountants of Canada (CPA Canada). They offer a wide range of…
How to find local accounting workshops in Canada?
If you want to boost your accounting skills and connect with industry experts in Canada, start by exploring local professional organizations…
How to access government resources for accounting compliance in Canada?
If you want to stay aligned with Canadian accounting regulations, start by registering with theCanada Revenue Agency (CRA) . The CRA’s online…
What types of audits can Canadian businesses face?
Understanding the different types of audits your Canadian business might face helps you proactively organize your financial records and ensure…
What are the tax implications of influencer marketing in Canada?
When you monetize your influence by promoting products or services in Canada, you must report that income to the Canada Revenue Agency (CRA).…
How to handle accounting for warranty reserves in Canada?
Start by accurately estimating warranty liabilities based on historical data and current product trends. Implement regular assessments of…
What are the top accounting conferences in Canada?
If you’re looking to stay ahead in the accounting industry, attending key conferences in Canada can provide valuable insights,…