CanTaxPro

Canada

Canadian Accounting Standards

Accounting for Asset Retirement Obligations in Canada (AROs)

Accounting for Asset Retirement Obligations in Canada I n Canada, companies are required to account for asset retiremen…

CanadianCPA April 06, 2023

Taxes

Canada has a progressive tax system, which means that the more income you earn, the more taxes you pay. The Canadian ta…

CanadianCPA April 03, 2023

Federal Budget

Introduction: On March 23, 2023, the Canadian Finance Minister, presented the Federal Budget 2023. The budget outlined…

CanadianCPA April 03, 2023

Taxation

The Ontario Staycation Tax Credit was a program launched by the government of Ontario in 2021 to encourage residents t…

CanadianCPA April 03, 2023

Taxes

As tax season approaches, it’s essential for Canadians to understand the latest changes in tax laws and regulations. He…

CanadianCPA April 03, 2023