New Tax Rules for Writing-Off Assets

The April 2021 Canadian Federal Budget announced something called “immediate expensing” for most assets purchased after the budget date of April 18. This applies to Canadian controlled private corporations which we call CCPC’s. The additional deduction will be made on your corporate income tax returns. The property which must be acquired after April 18, 2021 […]

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Malicious Compliance

What is malicious compliance? I would define it as following the letter of the rule or procedure, while undermining its intent. Here is a theoretical example. What if employees did not tell the boss the building was on fire, because she had said she did not want to be disturbed, no matter what? I used […]

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Painless Financial Training Group Inc. with Debi Peverill

Understand Financial Stuff, Painlessly