What Records Does CRA Actually Require You to Keep?
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.
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Salary or Dividends: How to Pay Yourself in Ontario
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.
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Your First T2 Corporate Tax Return: What’s Due and When
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.
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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.
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When Do You Have to Register for HST in Ontario?
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.
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When Should You Incorporate Your Business in Ontario?
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.
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Haven’t Filed Taxes in Years? How to Catch Up With CRA
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.
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Year-End Tax Moves to Make Before December 31
Some Canadian tax deadlines really do end at midnight on December 31. Several do not. A sorted checklist for individuals and small corporations.
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What Documents You Need for Your 2025 Personal Tax Return (Complete Checklist)
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…
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Why Did My Canada Child Benefit (CCB) Decrease in 2025?
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…
