Koreye accounting and taxation

NEWS & UPDATES

Tax deadlines, CRA updates, and accounting tips.

Stay informed with the latest tax deadlines, CRA updates, and practical accounting insights for individuals and businesses in Canada.

2026 Personal Tax Filing Deadline

Posted: January 2026

 

The CRA filing deadline for most individuals is April 30, 2026.

Self-employed individuals have until June 15, 2026 to file, but

balances owing must still be paid by April 30.

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GST/HST Registration Requirements

Posted: March 2026

 

Businesses earning over $30,000 in taxable revenue may be required to register for GST/HST and file returns with the CRA.

RRSP Contribution Deadline Update

Posted: February 2026

 

The RRSP contribution deadline for the 2025 tax year is

March 2, 2026. Contributions made before this date may

help reduce taxable income and increase retirement savings.

Taxpayers are encouraged to review their available RRSP

contribution room and ensure contributions are completed

before the deadline to maximize potential tax benefits.

Common Small Business Tax Deductions in Alberta

Posted: April 2026

 

Small business owners in Alberta may be eligible to claim expenses such as office costs, vehicle expenses, advertising, software subscriptions, and professional fees to help reduce taxable income.

Maintaining accurate records throughout the year helps ensure eligible deductions are properly claimed during tax season.