Blog

A Refresher – When to Incorporate Your Business

When to Incorporate We recently published a blog post on small business corporate tax rates in British Columbia heading downwards to 11.5% on the first $500,000 by 2019. This reflects a 15% reduction in taxes from the current 13.5%. Considering that taxes are a big-ticket expense item for businesses, a 15% reduction is a huge discount. However, upcoming corporate tax rate

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Late Tax Returns & Getting Mortgage or Credit

If I Ignore CRA’s Request to File Outstanding Returns – Tales of Two Taxpayers – submitted by Lilly Woo, CA, CFE, CFP It has been a strange summer for me. As the 2014 tax season came to an end on April 30, 2015, I was relieved as always and mentally plan for the lazy summer I wanted to enjoy. Then

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The Big Tax Deductions vs The Deductions that Are More Fuss than Their Worth

Right now, Canadians are rushing to file their personal income tax returns on time. At Mew and Company, we are gearing up to process all of the documentation needed to file complete and accurate returns by April 30, 2015. Although we have been preparing personal tax returns for many years, it feels like every year, there are more documents to

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