by Padgett Accounting | Apr 8, 2021 | Ask a Pro, News
When to Incorporate your Sole Proprietorship In our Ask a Pro series, we have asked our accountants to share some of the most frequently asked questions they receive throughout the year. While every situation can be different, it is a good starting point to determine...
by Padgett Accounting | Mar 7, 2014 | News
Personal Tax Returns Processed by CRA Canadians file more than 26 million individual income tax and benefit returns each year, and all are electronically analyzed. Based on this analysis, CRA selects certain returns for review because they are high-risk. Other returns...
by Padgett Accounting | Oct 1, 2013 | News
In a 2013 Technical Interpretation, CRA wasquestioned about door prizes received by allattendees at a company social function.CRA commented that their tax-free $500 giftsand awards policy would apply to all attendeesincluding the employee, the employee’s spouse,and...