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Tax Facts Canada 2023-2024: What You Need to Know

Tax Facts Canada 2023-2024: What You Need to Know

Introduction Taxation is an integral part of any country’s financial system, and Canada is no exception. As we step into the fiscal year 2023-2024, it’s essential for Canadians to stay informed about the latest tax regulations and updates. In this blog,...
The Federal Budget anticipates implementing the EOT program in 2024

The Federal Budget anticipates implementing the EOT program in 2024

A promise to legalize employee ownership trusts (EOTs) in Canada was made in the federal budget for 2022. This will make it easier for employees to buy into and own Canadian companies. EOT-related changes to the Income Tax Act (Canada) (the Tax Act) were included in...
Changes to Canadian Tax Laws that might Affect You in 2023

Changes to Canadian Tax Laws that might Affect You in 2023

A number of of the main tax percentages have increased significantly for 2023 as a result of the considerable inflation we had in 2022. Economic uncertainty has been strong over the last 12 months as a result of COVID-19 developments. As a consequence, while...
Avoid Falling Victim to a CRA Scam!

Avoid Falling Victim to a CRA Scam!

The majority of tax season has officially passed, but scammers are still active in their attempts to trick you into disclosing personal information. The scammers are waiting for you since you’re seeking for your refund or notice of assessment! If you’ve...
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