Business Expense Deductions
Your sole proprietorship or incorporated company incurs expenses in order to earn business income. Now the CRA is not allowing you to claim all or part of those expenses, or may even be taking the position that the expenses incurred were personal and not business in nature. This can affect both your business taxes and your personal taxes.
If you would like assistance in dealing with the CRA regarding the deduction of your business expenses, call Mather Tax Law. Many of our business clients have benefitted from our considerable experience in this area.