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If You Run a Small Business Then the CRA Is Looking to Audit You

If You Run a Small Business Then the CRA Is Looking to Audit You

As legend goes, Willie Sutton, the notorious bank robber, was asked by a reporter why he robbed banks. His answer was simple, “because that’s where the money is.”Sounds obvious, right?Well, it looks like the CRA has caught on to that logic. Albeit, not with banks, but...
How are stock options taxed?

How are stock options taxed?

The federal government recently announced potential changes to how stock options will be taxed in 2020, but as long as you’re not raking in millions per year, you should be fine. Canadian Finance Minister, Bill Morneau said in June that they’re working towards a...