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The deadline for most Canadians to file their personal tax return is April 30th. However, if you or your spouse are self-employed, the deadline extends to June 15th, but any balance owing is still due April 30th to avoid interest charges.

Essential documents include: T4 (employment income), T4A (pension, other income), T5 (investment income), receipts for deductions (medical, charitable donations, RRSP contributions), and any other tax slips you received.

Yes, if you worked from home due to COVID-19 or regularly for your employer, you can claim home office expenses using either the temporary flat rate method ($2/day, max $400) or the detailed method with receipts for utilities, rent/mortgage interest, etc.

Corporate tax returns must be filed within 6 months of the corporation's year-end. However, taxes owing must generally be paid within 2-3 months of year-end (depending on taxable income and Canadian-controlled private corporation status).

You must register for GST/HST if your taxable sales exceed $30,000 over four consecutive calendar quarters. You may also voluntarily register before reaching this threshold to claim input tax credits.

Deductible business expenses include: office supplies, business meals (50%), travel expenses, professional fees, advertising, vehicle expenses (business portion), and home office expenses if you work from home.

Don't panic! Contact us immediately. We provide full CRA representation and will handle all communications. Common audits include review of specific deductions or income verification. Having professional representation significantly improves outcomes.

Late filing penalties are 5% of taxes owing plus 1% per month (max 12 months). Even if you can't pay, file on time to avoid the penalty. We can help negotiate payment plans with CRA if needed.

Yes, you can file an adjustment request for previous years (up to 10 years back) using Form T1-ADJ. This is common for missed deductions, RRSP contributions, or carrying forward unused credits.

BC residents can claim: BC Climate Action Tax Credit, BC Sales Tax Credit, Property Tax Deferment programs for seniors/families with children, and various provincial tax credits not available in other provinces.

BC's speculation and vacancy tax applies to certain residential properties in designated regions. If you're a BC resident living in your principal residence, you're generally exempt. Foreign owners and satellite families may be subject to the tax.

BC offers competitive small business tax rates: 2% provincial rate on active business income up to $500,000 (combined with federal 9% = 11% total), making BC one of the most tax-friendly provinces for small businesses.

Common missed deductions include: home office expenses (even if working from home part-time), professional development courses, vehicle expenses for business use, professional association fees, and moving expenses for work-related relocations.

Incorporation can provide tax benefits if your business income exceeds $50,000 annually. Benefits include income splitting, tax deferral opportunities, and access to the small business deduction. We analyze your specific situation to determine if incorporation makes sense.

Strategies include: maximizing RRSP contributions, income splitting with family members, timing capital gains/losses, claiming all eligible business expenses, and strategic year-end planning. Our CPA team develops personalized tax strategies.