Did you know that the Fitness Tax Credit has increased from $500 to $1000 for the 2014 tax year?
Attention Tradespersons! Did you know that you are now eligible for up to $500 in costs of tools bought in 2013 for the use of your job!
Did you know that the Alberta medical travel rate per km has decreased? The 2014 rate is 45.5 cents/km. This applies only to medical travel and the moving expense simplified method. The rate for all other purposes is still 51.5 cents/km.
CRA is warning taxpayers about scams coming in the form of both phone calls and emails. These fraudulent calls are attempting to scare people into paying fake tax bills, and the fraudulent emails have been promising tax refunds.
Please note that you will never receive an email from a CRA representative, and they will never ask for credit card or banking information.
CRA asks for anyone who receives a suspicious communication to report it to email@example.com. Please see the link below for more information.
Ruth has over 30 years of experience in the Accounting Profession. Ruth specializes in audits and business consulting for small and medium sized businesses. Along with her CGA designation, Ruth has also passed the requirements for the CPA designation.
Ruth is married and has 2 grown children. Her interests include gardening and golfing.
Ian Woodman, CGA
Ian has over 30 years of experience in the Accounting Profession. He specializes in tax services, and had past experience working with the Canada Customs and Revenue Agency. In 2007 he and Ruth White established the firm of Woodman White & Associates. and he has been serving clients in Southern Alberta ever since.
Ian is married and has 3 grown children. His interests include hiking, kayaking and fencing. Ian has been an avid member of Scouts Canada for over 30 years.
Christmas has come to Woodman White Olsen & Co! We hope you are all keeping warm out there.
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