Frequently Asked Questions

If I am sending Canadian employees to work in the United States, do I need to withhold social security taxes from their pay in both Canada and the USA?

What are non-capital losses and do they expire?

What happens to your RESP when you become a non-resident?

How do I report income earned from an online business such as Google adSense?

I have a corporation and would like to pay out premiums for critical illness insurance, what are the tax implications?

Can I apply my business losses to my capital gains?

Should I donate from my small business corporation or personally?

What are capital dividends and the capital dividend account (CDA) in my small business corporation?

Why are dividends grossed up when received from my small business corporation?

Is a payment made by a corporation to a sports and recreation club deductible for taxation purposes? Will the deduction result in a taxable shareholder or employee benefit?