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Filing & corrections 3 min
Put CRA on the moving checklist
Update home and mailing details, keep the effective date and check related accounts without assuming mail forwarding updates tax records.
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Homes & rentals 2 min
Last month's rent is not a damage fund
Identify what a deposit is for, track its application and keep it separate from ordinary monthly rent in the ledger.
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New to Canada 2 min
Before leaving Canada, save the records you cannot recreate easily
Prepare a departure file covering residential ties, dated asset values, income periods and Canadian account notifications.
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Jobs & employment 2 min
When your TD1 needs an update
Use the TD1 to give payroll current credit information and request additional income tax deductions.
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Working for yourself 2 min
The rolls of fabric still on my shelf
Camille counts the fabric and finished goods still waiting for buyers, then sees why a purchase is not always this year's cost of sales.
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Working for yourself 2 min
Registering before the threshold is a business decision
Compare customer pricing and eligible purchase taxes with the ongoing filing duties before registering as a small supplier.
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