The HST Quick Method: Could It Save You Money?
An Ontario consultant billing $120,000 can keep $2,407 more HST using the Quick Method. The 8.8% rate, who is barred, and where the break-even sits.
An Ontario consultant billing $120,000 can keep $2,407 more HST using the Quick Method. The 8.8% rate, who is barred, and where the break-even sits.
The $30,000 HST threshold is a rolling four-quarter test, not a calendar year. How to find your real registration date, and what to do if you are late.
Wondering if you should incorporate in Ontario? The real test is not your income, it is how much profit you can leave in the company. With 2025 numbers.
Behind on your Canadian tax returns? What CRA actually does, what the penalties really cost, the 10-year refund limit, and how to catch up.
Some Canadian tax deadlines really do end at midnight on December 31. Several do not. A sorted checklist for individuals and small corporations.
Tax season can be stressful — especially if you’re scrambling at the last minute to find paperwork. At RubyTax, we make filing your 2025 personal tax return easy, fast, and accurate. The key? Being organized and prepared with all the right documents. Whether you’re filing yourself or working with our expert tax professionals, this complete…
Many Canadian parents rely on the Canada Child Benefit (CCB) to help with the costs of raising children. So, it can be alarming when you notice that your monthly CCB payment has suddenly dropped after filing your taxes. If you’re wondering, “Why did my CCB decrease this year?”, here are the most common reasons for…
Bottom Line Up Front: The Canada Workers Benefit provides up to $1,590 for single individuals and $2,739 for families in 2024, plus an additional $821 disability supplement for those who qualify. If you’re a low-income worker, this refundable tax credit could put significant money back in your pocket. What is the Canada Workers Benefit? The…
The Critical Nature of Tax Filing in Canada Tax season comes around every year with the same predictability as Canadian winters. Yet, while we prepare meticulously for snow and ice, many Canadians approach their tax obligations with reluctance, procrastination, or even dread. This is understandable—tax forms can be complex, regulations change frequently, and the consequences…
As the gig economy continues to thrive across Canada, rideshare platforms like Lyft have become an increasingly popular source of income for many Canadians. Whether you’re driving full-time or using it to supplement your income, understanding the tax implications of your Lyft business is crucial to maximizing your earnings and staying compliant with the Canada…