June 2021
The SmallBiz Builder, Vol. 19, No. 6 Immediate Expensing of Capital Purchases Recap of CCA (capital cost allowance) changes On November 21, 2018, the government announced a temporary…
Click here for moreMay 2021
The SmallBiz Builder, Vol. 19, No. 5 CryptoCurrency Taxation Cryptocurrency is a type of alternative currency, such as Bitcoin, but it is not considered money or currency (“legal…
Click here for moreApril 2021
The SmallBiz Builder, Vol. 19, No. 4 Claiming Automobile Expenses One of the more common expenses claimed by taxpayers are automobile expenses (applies to any motor vehicle such…
Click here for moreMarch 2021
The SmallBiz Builder, Vol. 19, No. 3 Home Buyer’s Plan The Home Buyer’s Plan is a program that allows you to take a tax free, lump-sum withdrawal from…
Click here for moreFebruary 2021
The SmallBiz Builder, Vol. 19, No. 2 2021 Automobile Deduction Limits and Expense Benefit Rates for Business The ceiling on the capital cost of passenger vehicles for capital…
Click here for moreJanuary 2021
The SmallBiz Builder, Vol. 19, No. 1 Home Office Expenses – CRA’s amended rules for 2020 For 2020, there will be two options for employees to claim home…
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