New web page on the underground economy

All Canadians are impacted when someone participates in underground economy activities. Whether you earn income as an employee, a self-employed individual, or a business, your income is taxable. The Canada Revenue Agency has recently published its new underground economy web page. It contains the most up to date information on how the underground economy affects you and what you can do to avoid and protect yourself from its activities. For more information, please visit Underground economy - Canada.ca

Report your real estate income

If you sell or rent property, you have an obligation to report all of the income you earn from these transactions. How you report the income depends on many factors, therefore it is important to understand your tax obligations and the relevant tax laws. For more information on reporting your real estate income, please visit : Report your real estate income - Canada.ca

Self employed and need help understanding your tax obligations? We have you covered!

When you are self-employed, running your business is hard enough. To help you better understand your tax obligations, we went ahead and put together a list of helpful information and resources for all of the self-employed individuals out there!

Find the resources here: Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations - Canada.ca

Celebrating Canadian Innovation Week: May 13 – 17, 2024

The Scientific Research and Experimental Development (SR&ED) Tax Incentive Program is proud to support innovation across all industry sectors in Canada.

As the largest Government of Canada program supporting research and development in Canada, our program provides more than $3.4 billion in tax credits to over 17,000 claimants each year.

To celebrate Canadian Innovation Week, we invite you to register for one of our webinars happening May 15, 2024, to learn more about how the SR&ED program can help your business innovate. We will discuss: eligibility requirements, what expenses you can claim, how to submit a claim, and more!

Whether you have benefited from this program for years, or you are seeking SR&ED support for the first time, our goal remains the same – to help Canadian businesses grow through innovation! To learn more about the program, visit SR&ED tax incentives today.