Your Business Unleashed Blog :
Canada

Simplified Method for Claiming Meal and Vehicle Travel Expenses When it comes to claiming travel expenses on your taxes, the process doesn't have to be complicated. Whether you’re moving, or traveling for medical reasons, there…

How to write off my vehicle in my small business? As we head into 2025, there are a few updates around vehicle-related deductions and benefit rates that could impact your business. The federal government has…

Want to Keep Getting CRA Mail on Paper but Don’t Use My Business Account? Here’s How The CRA is switching all businesses to online mail by default starting May 12 (new accounts) and June 16…

Great News: Extra Time to Make Charitable Donations for Your 2024 Taxes If you’re planning to make a charitable donation and want to claim it on your 2024 personal tax return, you now have more…

CRA Announces Temporary Penalty Relief for Taxpayers Amid Capital Gains Inclusion Rate Delay The Canada Revenue Agency (CRA) has introduced penalty and interest relief measures in response to the deferred implementation of the capital gains…

How to Confirm If the CRA Is Really Calling You With phone scams on the rise, it’s more important than ever to verify who’s on the other end of the line—especially if they claim to…