Table of contents Is this guide for you? What’s new? Chapter 1 – General information What are your responsibilities? Penalties, interest, and other consequences Late filing and failing… Read More »Employers' Guide – Filing the T4 Slip and Summary
The GIFI codes identify items that are usually found on a corporation’s financial statement (balance sheets, income statements, and statements of retained earnings). Each item is assigned… Read More »Preparing your financial statements using GIFI
Edmonton and Sherwood Park Alberta Accounting We are Proud to be Canadian lets work together and build Canada In-person support to help you save time… Read More »Personal, Small and Medium Size Business Get Help Today For Your Tax, Bookkeeping And Payroll
In-person support to help you save time and money The Canada Revenue Agency (CRA) offers free one-on-one visits or group seminars for small businesses and… Read More »Get free tax help for your small business
Services and information Trust Income Tax Return Determine whether a trust should file a Trust Income Tax Return (T3), and where and when to a… Read More »Edmonton and Sherwood Park Trust income tax
Services and information Corporation income tax overview Summary of corporation tax rates, provincial and territorial corporation tax, and tax credits. Corporation tax rates Get federal,… Read More »Sherwood Park and Edmonton Alberta Corporation income tax
Services and information Doing your taxes This page sets out everything you need to know to do your taxes. Your tax obligations Determine your tax… Read More »Personal income tax
On this page: Accrual method Cash method Changing your method of reporting income Farmers, fishers, and self-employed commission agents can use the cash method or… Read More »Accounting methods
The amount of income tax you pay depends on how much money you earned in the past year minus any deductions and credits. Your income… Read More »How much income tax do I have to pay
The Government of Canada is taking immediate, significant and decisive action to support Canadians and businesses facing hardship as a result of the global COVID-19… Read More »Canada’s COVID-19 Economic Response Plan