Shah

I recently took a ride in an Uber car and had a very interesting conversation with my driver that highlighted a precarious problem for Canadians: being self-employed and planning for end of year income taxes is not always easy for people to do. Within one month I...

An avoidable mistake Even when a business is completely inactive, and not generating any income, the owners should still file the required returns with the Canada Revenue Agency (CRA) to avoid issues, including potential penalties that can arrive years down the road....

Self-employed lawyers, doctors, dentists and other professionals can benefit from consulting a Restructuring Professional such as a Trustee in Bankruptcy! Self-employed individuals find themselves in financial trouble for many different reasons. Slopes in the economy,...

If you’re struggling with your finances, you are not alone. Many people have an ongoing problem with debt, especially since it can sneak up on you when you least expect it. One day you’re behind on one bill and the next day you’re months behind on several bills and...

Choosing to file an Ontario Consumer Proposal is a big decision, and understandably you’ll have questions regarding what steps you need to take, how the process works and what will happen after it’s all said and done. Here are a few facts to consider about Ontario...

Many of us have been in a tough financial situation ourselves, so seeing someone you love—like a family member—go through this type of struggle can be difficult. Wanting to help someone you love that’s in need is only natural, and sometimes lending to a family member...

If you’re finding yourself in debt with the CRA, you’re not alone. This type of debt is often unforeseen and can be a heavy burden. The following are some of the things that may result in CRA income tax debt: A re-assessment of a prior year tax return A self-employed...