Blog List

CRA Reviews

Canada Revenue Agency

The Canada Revenue Agency annually reviews approximately 3 million tax returns to ensure that various amounts are property reported and supported. Generally the CRA selects returns randomly, comparison of information on returns to other sources, the type of deduction or credit being claimed and based on review history.  If...

Continue Reading

Federal Tax Changes & Ag Update

Tax Planning

Federal Tax Changes – Update Now that the initial commentary period is over and the government received a spirited response from farmers, ranchers, doctors, lawyers, accountants, and small business they have changed their turn in regards to corporate tax changes. They have backed off on most of the proposed...

Continue Reading

Proposed Federal Tax Changes

Tax Planning

  We’re sure that everybody has heard some discussion in the media regarding the tax changes the Federal Liberal Government is proposing. At this point we along with other tax advisors are suggesting that taxpayers take a “wait and hold” positon until we know definitively what is legislated.  It...

Continue Reading

AgriInvest & AgriStability Deadline Sept 30, 2017

Agriculture

Hope everyone is have a great summer and growing season!  The miserable harvest of 2016 is now in our rear view mirror.   The next thing on an accountants “to do” list after tax season is filing the necessary documents and applications for AgriInvest and AgriStability.   Personally your...

Continue Reading

Year-end tax and RRSP estimates

Tax Planning

Each tax season one of us here at Endeavor has a discussion in April with a client that goes as follows:   “You have got to be kidding! I owe that much tax! Is there anything I can do to get that down?”   Unfortunately, there is nothing the...

Continue Reading