by Rona Birenbaum BAS CFP®, CHFS | Mar 4, 2013 | All About Tax
Some Canadians have been asking their tax preparer not to file their return electronically because they believe that it increases the chance of an audit. Whether e-filing increases the odds of an audit or if that is a myth is no matter. Starting in 2013, tax preparers...
by Rona Birenbaum BAS CFP®, CHFS | Feb 26, 2013 | We Think You Might Enjoy...
If you are planning a trip to Florida anytime soon, do not pass GO, do not collect $200, but go directly to your local CAA office with $25 and passport photos. A new Florida state law was enacted on January 1, 2013 requiring all international visitors have an...
by Rona Birenbaum BAS CFP®, CHFS | Jan 14, 2013 | All About Tax
Being self-employed has many benefits, one of which is that business owners get increased tax planning opportunities. Self-employment is a great tax-shelter because of the many tax deductions available to entrepreneurs. CRA allows deductions for a multitude of...
by Rona Birenbaum BAS CFP®, CHFS | Jan 9, 2013 | All About Tax, For Business Owners
Scientific research and experimental development credits (SR&ED) represent a significant financing and cash flow source for Canadian small businesses. Under this tax incentive program, corporations can get a tax credit of nearly 40% on eligible R&D expenses....
by Rona Birenbaum BAS CFP®, CHFS | Jul 23, 2012 | All About Investing, All About Tax, Retirement
These days many Canadians are accepting career opportunities that take them to the United States for a number of years during which they accumulate assets in a U.S. retirement savings plan. Upon returning to Canada, it is possible to transfer the US retirement plan...