by Marlin Lucuk | Feb 1, 2026 | Personal, Tax Planning
Tax season arrives every February with the same question: am I prepared? For the 2025 tax year filed in 2026, understanding what documents you need, when everything is due, and how tax rates apply makes the difference between a smooth filing and a scramble. The CRA... by Marlin Lucuk | Jan 18, 2026 | Personal, Corporate, Tax Planning
Consider Sarah, owner of a small construction company in Grande Prairie. After incorporating three years ago, she’s paid herself through a combination of salary and dividends. Last month, CRA contacted her about missing T4 slips from two years earlier and late...
by Marlin Lucuk | Feb 14, 2023 | Tax Planning, Corporate, Personal
Whether you are a resident in our home community of Grande Prairie, Alberta, live somewhere else in Canada or live the Canadian snowbird lifestyle if you’ve earned personal or business income in 2022, now’s the time to start planning for tax season. Our team here at...
by Marlin Lucuk | Jan 19, 2024 | Personal
On the heels of ringing in the new year here in Grande Prairie, come changes from the Federal Government that will affect the personal financial planning of Canadians for the year ahead. Although increases in source deductions may reduce take-home pay, increases to...
by Marlin Lucuk | Jun 11, 2024 | Corporate, Personal
The Federal budget has our local Grande Prairie investors and business community making noise. While increases to the Lifetime Capital Gain Exemption are welcomed, changes to the Capital Gains Inclusion Rate may hit harder for those looking to make a disposition after...
by Marlin Lucuk | Mar 8, 2025 | Personal
As the 2025 tax season approaches, it’s essential to be aware of key deadlines to ensure timely filing and avoid potential penalties. 2024 Filing Deadline For most Canadians, the deadline to submit 2024 personal income tax returns is April 30, 2025. For individuals...