J.A.I.K.S Blog

J.A.I.K.S. BLOG

Welcome to J.A.I.K.S. Blog, a place where we will provide you with a variety of resources on accounting, taxation and other related subjects suited for both individuals and/or their businesses.

We hope you can find the answers to your questions and/or curiosities, and always know we are here to help if you need more.

Follow us on Facebook or find us on LinkedIn - we are always eager to give you more!

Shareholder Loans in a Corporation

shloan

Shareholder loans refer to loans made by shareholders of a corporation to the corporation. The tax implications of such loans will vary depending on the jurisdiction, but usually, they are not considered taxable income to the shareholder.

Continue reading
  402 Hits

Gifts from an Employer May be a Taxable Benefit

gifts

In Canada, gifts from an employer can be considered taxable benefits in certain circumstances. The taxation of employer-provided gifts depends on several factors, including the nature and value of the gift, the frequency of such gifts, and the specific rules set by the Canada Revenue Agency (CRA).

Continue reading
  214 Hits

What Do Christmas Scams Look Like?

dec-11

During the holiday season, scammers often take advantage of the festive atmosphere and people's increased online activities. Christmas scams can take various forms, but some common tactics include:

Continue reading
  150 Hits

Prepare for Income Tax at Year-End

tax2023

As tax laws and regulations change, it's crucial to consult with a tax professional or check the latest resources for the most up-to-date information.

Here are some common steps individuals may take at the end of the tax year:

Continue reading
  137 Hits

Contact Us

Our Office

J.A.I.K.S. Consulting
Based in New Westminster, BC
Proudly Serving BC and ON

Phone: (778) 792 3282