Blog

B.C. Business Income vs. Capital Gains – It’s All About Intention

Mew & Company Chartered Accountants in Vancouver provides businesses with tax advice: One of the most commonly disputed tax issues is whether a gain from a transaction is considered as business income or as a capital gain. The reason for this dispute is due to the tax implications of each type of gain we’re talking about. If a gain is

Read More

Choose Your Professional Vancouver Accountant with Care

When an incorporated business in Vancouver calls asking for professional representation for a CRA audit, the first question I ask myself is “Why is the person who was paid to prepare the tax return not doing the representing?” A very common answer is something like “My wife who is not a professional accountant prepared the tax return. She does not

Read More

Vancouver Business Tax Audit – When CRA Comes Knocking

If your Vancouver business receives a letter from the CRA (Canadian Revenue Agency) asking for documentation to support an HST or corporate tax return, it is not a good idea to deal with the matter on your own. Hire a Vancouver chartered accountant to represent you during the business tax audit. First of all, CRA auditors are accountants. When they

Read More