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Category: Blogs
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The Home Accessibility Tax Credit
Living in our own homes as we age improves our quality of life. By doing so, we maintain our sense of well-being, independence & self-worth....
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Meals & Entertainment Tax Deduction
As a business owner or sole proprietor, you can claim food, beverage & entertainment expenses. The catch? These expenses have to be incurred for earning...
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Tuition Tax Credit
The cost of a post-secondary education is constantly increasing & one of the biggest expenses students face is their tuition fees. To reduce taxes, students...
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Common Audit Triggers
The Canada Revenue Agency (CRA) typically sends out about 30,000 letters a year letting Canadians know they are being audited. While that is only 0.1%...
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Is it Really the Canada Revenue Agency Contacting You?
One of the most common problems we face in our connected world today is scammers. They are constantly invading our privacy by pretending to be...
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Lifelong Learning Plan (LLP)
There is no doubt COVID-19 has affected many sectors of the economy. As a result, many people are considering new career paths. Often, the challenge...
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GST/HST Exempt vs Zero-Rated Supplies
Do you know the difference between GST/HST exempt vs zero-rated supplies? Below is an explanation of each type, as well as some examples for you....
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New Home Purchase or Plans?
Have you made a new home purchase or plans to purchase? There are personal tax credits & assistance that may be available to you. The...
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Our Favourite Time Trackings Apps
There are several time tracking apps on the market today. We’ve chosen 2 apps that integrate seamlessly with our accounting software. Both are highly rated...
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Ordering forms from Canada Revenue Agency (CRA)
Did you know you can order some of the forms you need from CRA through their website? Some of the most common forms that you...
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Canada Caregiver Credit
Who can you claim this credit for? Do you support a spouse or common-law partner, or a dependent with a physical or mental impairment? The...
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Our favourite Document Collection & Management Apps
Are you too busy to visit our office to drop off your documents? Upload your receipts & documents directly into document collection & management apps...
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Volunteer Firefighter &/or Search & Rescue Tax Credits
Were you a Volunteer Firefighter &/or Search & Rescue Volunteer? Did you complete at least 200 hours of eligible volunteer firefighting services or search &...
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Setting up a My Account
Here is a list of information you will need in order to setup your My Account with Canada Revenue Agency (CRA): 1 ) Your social...
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Political Contributions
Federal Contributions With the election today, we wanted to do a post about political contributions. Did you know that your Federal political contributions are made...
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Our Favourite Password Manager Apps
To protect yourself from password leaks, all your accounts should have strong, long, unpredictable passwords that contain numbers & symbols. Remembering these passwords is nearly...
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MyAlberta Digital ID
Have you heard of MyAlberta Digital ID? This is an account that lets you prove your identity online without paper documents or face-to-face visits. It...
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Small Business Deduction Reviews
Our team at Gadowsky & Associates LLP has seen an increase of corporate post assessment reviews from Canada Revenue Agency in regards to claiming the...
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Government Wage Subsidies
Canada Emergency Wage Subsidy (CEWS) Have you seen a drop in revenue during the COVID-19 pandemic? You may be eligible for a subsidy to cover...
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Some of Our Favorite Mileage Apps
Canada Revenue Agency (CRA) requires an accurate logbook, you can use one of the following mileage apps to create that logbook for you! This logbook...
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Alberta Jobs Now program
The Alberta government has come up with a program called Alberta Jobs Now. This is to help our economy by providing private & non-profit business...
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