Blog
Terminal returns: what executors need to know
If you’re responsible for administering the estate of a deceased individual, you’ll need to file a terminal tax return in their name. In this article, we discuss what a terminal return is as well as why, when and how an executor needs to file it in order to avoid...
Self employed? Don’t miss out on these deductions.
If you’re self-employed, there are a number of expenses you are eligible to deduct on your tax returns. Knowing what to deduct can make a significant difference in your tax liability but, like many self-employed Canadians, you may find it difficult to keep track of...
The internet’s most asked questions about working as an accountant
Thinking about a career in accounting? From future job prospects to average salary to finding the right place to work, you’ve got a lot to consider. In this blog, we answer some of the most common Google search terms about accounting careers to offer a better...
Underused Housing Tax (UHT) – Rulings for Strata Corporations
The following blog post has been updated based on revised rulings received on April 13, 2023. On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some strata...
Will AI programs like ChatGPT replace accountants?
Regardless of the industry you work in, chances are you have been seeing a lot of discussion online and in your workplace about ChatGPT, a groundbreaking artificial intelligence (AI) program that can generate eerily human-like text responses to just about any...
Underused Housing Tax: filing obligations for estate executors
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. Owners who are obligated to file a UHT return are considered affected owners. Owners who are not...
Rental properties and Airbnbs – do you have to file a UHT return?
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some short and long term rental property owners, as of December 31, 2022. For a full overview of the Underused...
Do you have a bare trust? What that means for Underused Housing Tax (UHT).
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some trustees of bare trusts, as of December 31, 2022. For a full overview of the Underused Housing Tax, see our...
The Underused Housing Tax (UHT): What you need to know
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. The Underused Housing Tax is a 1% annual tax on vacant or underused housing in Canada on the...
It’s time to register for a CRA My Business Account
How often do you reach out to your accountant to ask them to transfer a payment, provide a copy of your Notice of Assessment, change your mailing address or ask what the current balance owing is on your Business Account? Did you know you have the ability to view and...
4 things you didn’t know you could claim on your tax returns in Canada
As tax season approaches, the thought of sorting through receipts and filling out forms can be overwhelming. It's easy to miss out on credits and deductions that you may be eligible for, leaving money on the table. In Canada, there are several expenses and credits...
RHN CPA proudly welcomes two managers to their new director positions
At RHN, we pride ourselves on offering our team members opportunities for long term growth. Miranda Cook and Aiken Luu are two shining examples of the leadership paths available to the innovative leaders who make our firm such an incredible place for both clients and...