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Below is a collection of all our informative tax and financial related articles to help keep you up to date on tax and general financial related affairs.
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Many corporations in Canada are Canadian-Controlled Private Corporations (“CCPCs”). Having this status entitles them to special tax benefits, which makes the decision to incorporate one’s business even more enticing.
Arne Sorbo, an 88 year old senior with dementia and Parkinson’s disease is being charged $12,000 in penalties after the Canada Revenue Agency assessed that his tax returns contained ‘incorrect’ information.
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