Jacoby and Games Chartered Professional Accountants have been serving the Victoria, BC region for over 25 years. We are a group of dedicated professionals who firmly believe the best measure of our success is the success of our clients.
Medical expenses eligible for a personal tax credit are limited to those specifically provided for by the Income Tax Act. While an expense may clearly relate to an individual’s health, it may still not be an eligible medical
Photo by cottonbro from Pexels As some businesses struggle with cash flow, they may be motivated to prioritize suppliers and other creditors ahead of CRA. A recent court case demonstrates CRA’s power to collect tax arrears and the