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
Richard Fonagy
May 17, 20232 min read
The New Canadian Tax Free First Home Savings Account
The Canadian First Home Savings Account (FHSA) is an initiative introduced by the Federal Government to assist prospective first-time...
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
Richard Fonagy
Jun 23, 20221 min read
Are Your Expenses Reasonable or Should You Be Worried? How To Confirm:
This may be one of the most important websites to avoid an audit: If you want to compare your clients NAICS code to what CRA expects to...
42 views0 comments

Richard Fonagy
Jun 23, 20221 min read
Why you should never mix personal and business expenses in your corporation?
Audit Tip: Do you know what one of the major reasons not to mix personal and business expenses? Has nothing to do with accounting, any...
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
Richard Fonagy
Jun 7, 20223 min read
Associated, Affiliated, Connected, Non Arms Length - When are these applicable to your corporation?
Affiliated, Connected, Associated Non Arm Length- What is the difference and when is it used? For those interested The Income Tax Act...
1,672 views0 comments
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