Insights – Home
Take Advantage of our Insights and Tax Questions
Human-written quality content, without any AI or Bot assistance, so you can trust!
We attempt to assist our readers by simplifying some of the complex income tax issues in Canada. Occasionally, we answer the general tax questions as well that can help a broader readership of our blog section.
INSIGHTS
2021 – Individual Income Tax Return (T1) Checklist
2021 – Individual Income Taxes – Checklist Electronic filing for Individual Income Tax Returns (T1) for the 2021 tax year is open now. We have compiled a checklist for the individual taxpayers for a quick
Business and Professional Income (T1)
Business or Professional Income on T1 If you have a business income or professional income, please provide the below information. Please note this is applicable to any unincorporated form of business, also known to some
Crypto Mining in 2022 and Income Taxes
Crypto mining is on the rise! Learnt he income tax application and reporting of Crypto mining in Canada!
2021 – Individual Income Tax Rates – Federal, Ontario & Alberta
Individual income tax rates 2021 and 2022 for Ontario and Alberta in Canada/
CSRS 4200 Compilation Engagements
Compilation of Financial Statements The Auditing and Assurance Board issued a new standard, ‘CSRS 4200 Compilation Engagements’ for the first time in almost 30 years! CSRS 4200 replaced Notice to reader report under Section 9200
Lifetime Capital Gains Exemption in Canada
What is life time capital gain exemption? Common purification and crystallization strategies.