Our Blog

TN CPA Professional Blog

The TN CPA Team is your source for the latest Canadian tax news and updates on changing tax laws.

We are pleased to provide a variety of resources on accounting, bookkeeping taxation, and other related subjects that we hope will be helpful to both individuals and businesses.

If you have any questions, simply contact us by email or call 416-318-6789. We will be happy to meet with you for a free, no-obligation consultation.


Tax Changes in Canada for 2024

changes2024

We have compiled a list of Tax Changes and adjustments that are anticipated to affect most Canadians in 2024.

The details here offer estimates for elevated payroll taxes, mandatory contributions to the Canada Pension Plan and Employment Insurance. It also covers increases in carbon and alcohol taxes plus the effect of the possible Digital Services Tax.

Continue reading
  163 Hits

Record-Keeping in Small Business - Best Practices

bookkeeping

Effective record-keeping is crucial for the success of any small business. Proper records not only help you track your financial performance but also ensure compliance with tax regulations and provide valuable insights for making informed business decisions. Here are some best practices for record-keeping in a small business:

Continue reading
  180 Hits

Canada's Covid 19 Economic Response Plan

canada

Below is the updated overall information on Canada's COVID-19 Economic Response Plan from CRA's official portal.  Should you have any questions, please do not hesitate to contact us.

Continue reading
  1188 Hits

Despite the Strike, Filing your Tax on Time is Important!

deadline

Even though the CRA is dealing with a strike by public sector workers, you must still file your Canadian income tax on time to avoid penalties and interest charges. In this blog post, we will discuss the importance of filing your Canadian income tax on time and the penalties you may be subject to if you are late.

Continue reading
  374 Hits

Cập nhật các chương trình hỗ trợ doanh nghiệp bị ảnh hưởng do Covid 19.

rent

New Canada Emergency Rent Subsidy (CERS) – chương trình h tr tin rent cho business tiếp theo chương trình cũ CERCA (h tr 75% tin rent)

Continue reading
  445 Hits

CRB Checklist

covid

CRB là chương trình hỗ trợ $1,000 cho mỗi 2 tuần bắt đầu từ Sep 27, 2020 đếnSep 25, 2021 (tổng cộng 26 kỳ) và bắt đầu apply từ Oct 12.  Để tiện cho khách hàng và website vistor theo dõi và download, chúng tôi chuẩn bị check list dưới đây dựa trên thông tin cập nhật của cơ quan thuế Canada (CRA).  Nếu có câu hỏi gì, vui lòng email This email address is being protected from spambots. You need JavaScript enabled to view it..

Tham khảo

https://www.canada.ca/en/revenue-agency/services/benefits/recovery-benefit/crb-who-apply.html#h-1

  596 Hits

CRA Tax Updates for October 2022

taxupdate

October 31, 2022

Update on electronic notices of assessment

Finance Canada recently proposed legislation that would allow the Minister of National Revenue to provide a notice of assessment (NOA) electronically to an individual who filed their personal income tax return electronically and has authorized that notices or other communications may be made available in this manner. 

Continue reading
  744 Hits

What is Fraud, and How You Can Tell?

fraud

With all of the recent press about Ransomeware attacks on various companies and publicity about people being targeted during the COVID-19 Pandemic, it is timely to remind you that the fight against fraud starts with you. Learn to recognize, reject and report it.

Continue reading
  518 Hits

Contact Us

Our Office

TN CPA Professional
4307 Village Centre Pl, Unit 104
Mississauga, ON
L4Z 1S2

 416-318-6789

 info@tncpa.ca

We're Easy to Find