Your source for expert commentary and information in the fields of tax, accounting, human resources, estate planning and technology.
Wednesday April 26, 2023
QUESTION: We are considering renting out our cottage for a few weeks in the summer. Are there any tax implications of short-term rental properties we should be aware of? ANSWER: The short answer is yes: in addition to reporting the rental income and [...]
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Thursday March 23, 2023
When it comes time to file your taxes, you may realize you have made an RRSP over-contribution. It’s an easy mistake to make. If you have over-contributed to your RRSP, there are immediate steps you can take to minimize penalties and interest. RRSP [...]
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Friday February 17, 2023
The 2022 personal income tax filing deadline is May 1,2023. The filing deadline for self-employed individuals and their spouses (including HST returns) is June 15th. The late filing of your tax return will result in a CRA penalty of 5% of any balance [...]
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Friday February 17, 2023
The 2022 tax filing season has arrived and S+C Partners is here to help you get every tax credit and deduction that you’re entitled to. Our 2022 T1 Checklist is now available to assist you in organizing the items required to complete your [...]
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