How Should Canadians Calculate Tax on Dividend Income?
Understanding Dividend Taxation in Canada In Canada, all sources of income must be disclosed in your tax returns, whether from your salary, business/side hustle, investments, or property sale. Each of these incomes is taxed differently. When it comes to stock market...
What Small Business Owners Should Know About Section 85 Rollover?
Understanding Section 85 Rollover: A Guide for Small Business Owners Every business, big or small, starts with one individual, the sole proprietor, or a few individuals. There comes the point when you incorporate your business into a separate entity and transfer the...
Uncashed Cheques from CRA – Ghuman & Associates
If you have a cheque from the CRA that you haven’t cashed, you can still do so at any financial institution in Canada as government cheques never expire. To check for uncashed cheques: Log into your CRA online account. Select “Uncashed cheques” under...