Last-minute tax filing strategies (April 2015)
An old but still valid axiom of tax planning is that the best
year-end tax planning starts on January 1st. The concept of
year-end tax planning as a year-round activity may indeed be the
ideal, but it...
Filing your 2014 income tax return (April 2015)
For even the most determined of procrastinators, the deadline for
filing an individual income tax return for the 2014 tax year is
imminent. That deadline will come on Thursday, April 30 for most
Managing fees for day-to-day banking (October 2014)
Being charged a fee for just about every bank service from using an
ATM to making an e-transfer of funds to simply receiving a printed
bank statement each month is a perennial irritant to many
Charities and political activity (July 2014)
Although they aren’t usually thought of in those terms Canadian
charities, as measured by the amount of money they receive and
administer, can be big businesses. However, because they collect
A mid-year check on your TFSA (July 2014)
Tax-free savings accounts (TFSAs) were first made available by the
federal government in 2009. While there were some early
difficulties which led to many taxpayers inadvertently breaching
TFSA rules, ...
Disputing your income tax assessment (July 2014)
It’s not unusual for a taxpayer to disagree with the Canada Revenue
Agency’s (CRA) assessment of his or her tax return. When that
happens, the first step is to get in touch with the CRA, b...
“Phishing” season for taxpayers (May 2014)
While the recent publicity around the “Heartbleed” computer bug has
highlighted the vulnerability of taxpayers to gaps in computer
security systems, such security glitches aren’t the...
How to file your 2013 tax return (April 2014)
By the beginning of April (and usually earlier), Canadian taxpayers
will have in hand all of the information needed to prepare their
2013 income tax returns. Employers who issue T4 slips to their
Last minute tax-saving strategies (April 2014)
By the time most Canadians sit down to organize their various tax
slips and receipts, and undertake to complete their tax return for
2013, the most significant opportunities to minimize the tax bill
What's new on the 2013 tax return? (March 2014)
The one constant in tax is change. As such, the income tax return
form filed by millions of Canadians each spring is never exactly
the same as the one filed for the previous year. In certain years
The CRA’s new tax informant program (February 2014)
Under Canadian law, all residents of Canada are subject to Canadian
income tax. However, the reach of the Canadian tax system does not
stop at the Canadian border, as all Canadian residents are
Digital currency and the tax system (February 2014)
The growth in the use of digital currency has been increasingly in
the news over the past year as the price of the most well-known
type of digital currency, bitcoin, has increased significantly and
RRSPs – it’s that time again… (February 2014)
Soon, television and radio, as well as the internet, will be filled
with advertisements reminding Canadians that it is, once again,
registered retirement savings plan (RRSP) season....
Tax deadlines for the 2014 tax year (January 2014)
Each new tax year brings with it a listing of tax payment and
filing deadlines as well as changes with respect to tax planning
strategies. Some of the more significant dates and changes for
Tax 101 for snowbirds (December 2013)
Every year, thousands of Canadians (mostly retirees) escape our
winter by traveling south, usually to the U.S., for periods lasting
up to even the entirety of winter. And while the value of the
Year-end tax planning tips (November 2013)
With the exception of RRSP contributions (in most cases) and
pension income splitting, any tax planning strategies intended to
reduce one’s tax payable for 2013 must be implemented by the end
Doing business with the CRA online (October 2013)
Most business owners want to spend the minimum amount of time
possible on tax-related matters, and to get such matters dealt with
and resolved as quickly as possible. The Canada Revenue Agency
Tax help for family caregivers (August 2013)
The baby boom generation, whose members are now between the ages of
48 and 67, is also known, with good reason, as the “sandwich
generation”. Many baby boomers are now in the position of n...
Fixing an error on your tax return (May 2013)
As of the middle of April, the Canada Revenue Agency (CRA) had
received just under 10 million individual income tax returns for
the 2012 tax year. It’s a near certainty that some number of
We are a blue-collar Certified Management Accountant firm based in Red Deer serving Central Alberta communities like yours and even clients as far away as Calgary, Edmonton, and even outside Alberta in British Columbia, Saskatchewan, Manitoba, and Ontario.
We assist our clients in accumulating wealth by improving business processes and through tax optimization strategies.
We encourage you to read the testimonials on our Firm Profile page to give you a better idea how others feel about our services. We encourage feedback, its the only way for us to serve you better, please click on the comments link on the top right corner to mention a suggestion, or refer a friend.
CGL Strategic Business & Tax Advisors is a strategic supporter of
To find out how we will match your donation to Crohn's and Colitis Canada click here. To donate directly to Crohn's and Colitis Canada through our CGLtax donation page, click here.
We actually send clients our price list if they request it. We pride ourselves on openness and transparency. In fact, if you look on our Facebook page, you'll find this year's personal tax prices. There are no hidden surprises here.