Canadian Tax Podcast provides tips, resources, and tax help for Canadians and Canadian small businesses.
Canadian Tax Podcast for the week of December 14, 2021. This week we cover: CRA website down (again); US Electric Vehicle subsidy drama; CEWS audits resume; Moneysense tax tips released; Expense vs. Capital improvements for rental suite; US LLC troubles; Capital gain vs business income on investment trades; [INTRO]: “This is the Canadian Tax Podcast, […]
Canadian Tax Podcast for the week of November 30, 2021. This week we cover: Bill C-2; Remote Work; CRA’s Cryptocurrency guide; Digital Service Tax; Deducting medical dues from multiple Provinces; Application of non-capital losses; Adding a spouse to house title; [INTRO]: “This is the Canadian Tax Podcast, Episode # 026, hosted by me, Cameron Ware. […]
Canadian Tax Podcast for the week of 23 November 2021. This week we cover: US electric vehicle subsidy; GST filing extension for the E-Commerce Framework (AKA: Netflix Tax reporting); 2022 TFSA limits announced; Transferring intangibles from proprietorship to corp; Home office: part-time vs full-time use of space; Informal expense reimbursements; [INTRO]: “This is the Canadian […]
Canadian Tax Podcast for the week of June 14th, 2021. This week we cover: The ProPublica tax leak; CRA releases details on new tax scam; More detail on G7 worldwide corporate tax proposal; Bill C-208; What to do with a TFSA if you move to the US; Canadian resident doing contract work for US client; […]
Canadian Tax Podcast for the week of 07 June 2021. This week we cover: TI 2020-086579 CEWS/Shareholder problem; CRA is “outgunned” CRA decreases volume of public company audits; G7 agrees to global minimum tax; Listener question: Taking a contract job vs staying employee; Listener question: Sale of US real estate; Listener question: T1135 and cost […]
Canadian Tax Podcast for the week of May 10th, 2021. This week we cover: No post-tax season filing extensions; Represent A Client broke; Covid benefits tied to 2020 T1 filing; Personal Services Business (PSB) myths; Contractors: How to fill out the W8-BEN-E form; Dual Citzen (US/CAN) filings; [INTRO]: “This is the Canadian Tax Podcast, Episode […]
Canadian Tax Podcast for the week of April 19, 2021. This week we cover: Revenue Quebec filing extension; Federal Budget Day; CRA Filing deadline unchanged; CPA Canada PACT guide; What to do with an incentive reimbursement or credit card cash back payment; Mechanics of the Climate Action Incentive; Double-tax on US-source income; [INTRO]: “This is […]
Canadian Tax Podcast for the week of April 12, 2021. This week we cover: Tax consulting fees capped; Court case: Capital Expenditure vs. Repairs and Maintenance; Principal residence exemption – more tweaking? SK to hit electric vehicle owners with a fee; GME capital gains; Incorrectly-filed T5 and what to do; Dealing with foreign income on […]
Canadian Tax Podcast for the week of April 05, 2021. This week we cover: Principal Residence Exemption to be taxed? Joe Biden’s proposed corporate tax rate changes; Quebec lowers corporate taxes on small businesses; CRA’s “Before You Call” List; How to approach filing 11 years of late corporate and personal tax returns; What happens with […]
Canadian Tax Podcast for the week of March 29, 2021. This week we cover: Coinsquare account info release; Carbon tax; Federal Budget announced; Ontario Budget released; Expense/deduction planning for the newly self-employed; T1135 reporting re. personal use property and foreign currency; Sale of property in a corporation, triggering capital gains; [INTRO]: “This is the Canadian […]