Your First Tax Return After Moving to Canada
Your first Canadian tax return: residency date, prorated personal amounts, the T1135 first-year break, and the benefits you must apply for.
Your first Canadian tax return: residency date, prorated personal amounts, the T1135 first-year break, and the benefits you must apply for.
How to pick a tax accountant in North York: what CRA EFILE certification means, seven questions to ask, CRA’s warning signs, and what to bring.
CRA’s six-year rule is not six years from the date on the receipt. What Canadian small businesses must keep, for how long, and what counts as proof.
How to pay yourself from your Ontario corporation in 2025: a worked example on $150,000 of profit, and why CPP and RRSP room usually decide it.
Your T2 is due six months after your corporate year end, but the tax balance is due in two. What that gap costs, and every date it produces.
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.