Frequently Asked Questions

Are there any pitfalls I should be aware of when selling a stock in a loss position?

My current employer asked me to become an independent contractor. What’s the benefit for them?

Can my corporation pay for my for my cell-phone bill if I use it for business purposes?

Tax impact for non-resident withdrawing Canadian retirement fund?

Is there any way of waiving my fees for not filing my income taxes?

Are there special rules for the principal residence exemption for non-residents?

Can you make quarterly instalments to CRA instead of monthly?

What happens if I did not file form T2057 when converting my sole proprietorship to a corporation?

What is the difference between a GST/HST rulings and interpretations?

Can I pay a dividend to myself from my company in excess of the company’s retained earnings?