Canadians across the country are falling victim to a phone scam where the fraudster poses as an agent with the Canada Revenue Agency. People are told they owe tax money and must pay up. CBC News – CRA phone scams
Many individuals have huge medical costs which they cannot deduct to certain limits personally as both spouses’ taxable income are high. You can use “Private Health Service Plan” (PHSP) to make your medical expenses fully deductible. If you have an incorporated business or a partnership you qualify. You could be a single one-person business or have Read more about Claim Your Personal Medical Expenses in Business[…]
A wealthy Victoria, B.C., family paid virtually no tax over a span of eight years – and even obtained federal and provincial tax credits – while being involved in an offshore tax “sham” developed by one of the country’s most respected accounting firms, the Canada Revenue Agency alleges. Read more….