Dube & Cuttini Blog

Vehicle expenses – simplified logbook for deductions? Think again!

Posted on: June 6th, 2014 by Dube & Cuttini 2 Comments

Doing a logbook for all your motor vehicle expenses is hard work. You have to consistently record the trips you make related to your real estate business, such as driving to and from Home Hardware to buy paint supplies or from your business to meet a customer. In 2010, the Canada Revenue Agency introduced a […]

9 ways to get fired by your accountant

Posted on: May 30th, 2014 by Dube & Cuttini No Comments

You work hard to find and develop that perfect “power team” of advisors to help your business grow. So, getting a “dear john” letter from your accountant (or lawyer, mortgage broker, financial advisor, or realtor) may come as a complete shock to you. You may say, “How did this happen? What went wrong? That complete […]

Should I buy my vehicle personally or in my company?

Posted on: May 23rd, 2014 by Dube & Cuttini No Comments

It’s safe to say that I get this question about three times each month from our clients: “What makes sense from a tax perspective? Buying a car personally or in my company?” In the vast majority of cases, it’s better to buy a vehicle personally, then charge the company for your business use, by the kilometre. (For […]

Lease or buy a vehicle: What’s the best tax advantage?

Posted on: May 14th, 2014 by Dube & Cuttini No Comments

We regularly receive somewhat urgent emails from our clients about a car breaking down suddenly. Someone needs to make a decision on whether to lease or buy quickly, but they want to know: what makes sense from a tax perspective? Generally speaking, if you have a personally-owned business, or personally own two or more rental […]

From the archives: Selling one property to re-invest in another

Posted on: April 17th, 2014 by Dube & Cuttini No Comments

During tax season, we wanted to publish some blogs from other sites, and from our archives that our clients may find useful. We’re heads down on taxes, but wanted to keep the information flowing for you! This is a question we hear every once in awhile – “Do I sell one property to pay off […]

CRA extends filing deadline…but we’re still planning for April 30th

Posted on: April 14th, 2014 by Dube & Cuttini No Comments

CRA has extended their deadline for filing to May 5th, but we are still planning to have everything possible completed for April 30th. Please don’t delay in getting in your tax returns. Your accountants appreciate this. As you can imagine, most of us have vacation booked after April 30th, as many of us haven’t had […]

CRA Efiling Delays and Heartbleed – How will this affect your tax return?

Posted on: April 10th, 2014 by Dube & Cuttini No Comments

As you can imagine you we are getting a lot of calls about the efiling service being down and how this will affect your tax returns. Here are a few answers to some common questions: We do not recommend paper filing your return (unless, based on the CRA’s filing rules, you are required to). If […]

From the Archives: Do Real Estate Investors Need a Family Trust?

Posted on: April 10th, 2014 by Dube & Cuttini No Comments

During tax season, we wanted to publish some blogs from other sites, and from our archives that our clients may find useful. We’re heads down on taxes, but wanted to keep the information flowing for you! We often get questions regarding family trusts and their usefulness for our clients, and wanted to pass along an […]

From the archives: 5 tips to reduce taxes for the new year

Posted on: April 3rd, 2014 by Dube & Cuttini No Comments

During tax season, we wanted to publish some blogs from other sites, and from our archives that our clients may find useful. We’re heads down on taxes, but wanted to keep the information flowing for you! Although it’s April, these tax saving tips apply all year round. It’s not too late to get started! George Dube […]

From the Archives: Tax Time & Joint Ventures: Landmines to Avoid

Posted on: March 28th, 2014 by Dube & Cuttini No Comments

During tax season, we wanted to publish some blogs from other sites, and from our archives that our clients may find useful. We’re heads down on taxes, but wanted to keep the information flowing for you! George Dube was featured on The Real Estate Insider blog for REIN at tax time last year and we […]