403-327-3101 info@woodmanwhite.ca

Tax deadline is quickly approaching!

April 30, 2019 is the tax filing deadline for most personal income taxes for the 2018 year. This is also the deadline for any balances owing for 2018 personal income tax, including self-employed individuals. If you have yet to file your return, we can help! Today...
Collecting rental income?

Collecting rental income?

Are you renting out a room in your house? Are you renting out your basement? Are you renting out a condo unit or home you own? You must report this income on your tax return, but can also deduct related expenses. Follow this link for more...
Did you sell your home in 2018?

Did you sell your home in 2018?

Did you know that if you sell your Principal Residence, you are required to report it on your personal tax return? If the property was solely your principal residence for every year you owned it, you do not have to pay tax on the gain. But if at any time during the...
How long do you need to keep your receipts?

How long do you need to keep your receipts?

Are you claiming items like Employment Expenses, Office in the Home Expenses, or Medical Expenses on your tax return? Make sure you keep supporting receipts for those expenses for at least six years from the end of the tax year in which the expenses relate. Even if...
2018 Personal Income Tax Filing Deadline

2018 Personal Income Tax Filing Deadline

Most Canadian 2018 Personal Income Tax and Benefit Returns are due on Tuesday April 30, 2019. There is an exception for individuals who are self-employed, or who have a spouse or common-law partner who is self-employed. If this is the case, the deadline to file your...

February 28, 2019

February 28, 2019 is the due date for various Canada Revenue Agency (CRA) business filing and payment deadlines. The details of these deadlines are as follows: T4’s T4A’s, T5’s & T5018’s must be issued by this date for the 2018 calendar...