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Tax Tips and Traps - Quarterly Newsletter from Gunsolley Kohlsmith Chartered Accountants

Tax Tips & Traps Newsletter

We publish a quarterly newsletter that provides a high level summary of the most recent tax developments relevant to business owners, investors, and high net worth individuals. Find the latest and previous issues below. Enjoy!

Q3 2022

Poker Playing: Hobby or Business? Required Travel: Between Home and Work, Principal Residence Exemption: Land in Excess of One-half Hectare, Personal Services Business (PSB): CRA Education Initiatives, TSA Overcontribution: Relying on Information in Your CRA Online Account, CPP Disability Benefit: Following the Doctor’s Advice, Shared Custody Arrangements: Impact of School Closures

Q2 2022

Buying and Selling a Home: Budget 2022 Proposals, Principal Residence Exemption: CRA Project, CERB/CRB: Eligibility Verification, Estimated Sales by CRA: Audit File Selection and Assessment, Auditing Old Tax Returns: CRA Abilities and Limitations, Money Received from Abroad: CRA Reviews, Digital Adoption Program: Grants, Loans and Professional Assistance

Q1 2022

Small Business Air Quality Improvement Tax Credit, COVD-19 Business Supports, Falsified Employment Records, Corporate Advertising and Promotion Expenses, Teachers and Early Childhood Educators, Canada Worker Lockdown Benefit (CWLB), Old Age Security (OAS)