pro-taxes

Saving Tax Dollars With British Columbia’s Newly Built Home Exemption

Read about the transfer tax exemption on newly built homes in British Columbia. Review which homes qualify for this exemption, find out which other criteria buyers have to meet, and learn how to help your clients claim this exemption. Look at situations where your clients may be able to claim a partial exemption.

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pro-taxes

Expanding the Working Income Tax Benefit

Read about the Working Income Tax Benefit. Learn which of your clients might qualify, and see how the benefit is calculated. Find out why only 85% of eligible workers claim this benefit. Get tips on how to claim this benefit for your clients, and look over how to sign up for advanced payments.

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pro-taxes

Claim Real Estate Rental Losses to Lower Tax Liability

Learn what happens when your clients have a loss on their rental properties, and review the rules for claiming this loss against other types of income such as employment and self-employment income. Understand how the rules change if your client rents out the property for less than fair market value.

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accounting-news

What You Should Know About B.C.’s New Speculation Tax

Look at the rules and reasoning behind British Columbia's new speculation tax. Read about the exemptions, and start to figure out if your clients might have to pay this property tax. Find out how to calculate the credit for British Columbia residents, and learn how this credit eliminates the tax on many properties.

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pro-taxes

Tax Compliance: How the CRA Is Unearthing the Underground Economy

Read about the underground economy. Review what the Canada Revenue Agency is doing to find people who are evading taxes and participating in the underground economy. Learn about fines, penalties, and other techniques used by the agency, and find out which of your clients may face an increased risk of audit.

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funding-financing

Understanding Debt Covenants in Business Loans

Learn about debt covenants, and compare positive and negative debt covenants. Review examples of things you may be required to do or banned from doing when you take out a business loan. Find out what happens when you don't follow the debt covenants of a business loan and how lenders keep tabs on these rules.

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starting-business

How to Start an Outfitting Business

Check out the steps involved in starting an outfitting or hunting guide business in Canada. Get tips related to finding land, marketing your hunts, securing provincial permits, and more. Look at some extra services you may want to offer to make your services more enticing to hunters and their families.

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finance-accounting

Lowering Credit Card Fees in-Store for Small Business Retailers

Look at the history of credit card processing rates for small businesses in Canada. Find out why small businesses often face higher rates than their large competitors. Read about lower rates than have been negotiated between the Canadian Federation of Independent Businesses, Mastercard Canada, and Chase.

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