This blog will cover everything you need to know about CRA verifications, reviews, and audits – including what the CRA is looking for, how to prepare, what to expect next, and helpful tips for moving forward.

This blog includes information, tips, and advice following the announcement of a 1% decrease to the HST rate in the province of Nova Scotia. Many details are yet to be clarified but we are continuing to follow the developments.

This blog will discuss strategies to ensure your business can go through this exciting transition successfully and take advantage of your new status as an incorporated business.

Part one of us looking at the changes made to the budget. Specifically we will be addressing the capital gains inclusion rate increase. This blog will break down some on the important points and help you understand what this could mean for you and your business.

This blog explores the First Home Savings Account (FHSA). It covers comparisons with other savings plans, including contribution limits, tax advantages, and eligibility criteria. It also includes information on how the FHSA can be used in conjunction with other plans and provides guidance on leveraging this new tool for first home savings and your overall financial planning.

In this blog, we will discuss some of the grants and funding opportunities available to Canadian business, how to find grants that you may qualify for, as well as tips and advice to maximise your chances of success when applying to these benefits.

At Bright Line CPA, we often receive questions from our clients about tax installments. This is one of the more complex aspects of Canada's tax system. We’ve broken down the essential steps you’ll need to know to stay compliant.

Unveiling the 2023 Mandate: Enhanced Disclosure Requirements for Trustees and Beneficiaries

Unpacking the Latest Economic Changes: Housing Market Revamps Coupled with Tax Policy Overhauls in the 2023 Fall Economic Statement.