Make sure you hire the right person or company to prepare your income tax return. According to the Canada Revenue Agency (CRA), 28 million people file income tax returns each year and of that number, 50% use tax preparers. […]
Income Tax Fraud
Category: Blog
Year-End Tax Strategies
It’s never too early to start planning your year-end tax strategies. For many businesses, the month of October signals that the end of the fiscal year is not far away. Realizing that December 31 is fast approaching should prompt you, as an owner-manager, to review your year-to-date corporate and personal data and start putting your […]
Zappers: Electronic Sales Suppression Legislation in Canada
New federal legislation is now in place to punish users of electronic sales suppression software. […]
Finalizing Your Income Taxes in Canada: Use Your Deductions
Keep complete records and make use of all your eligible deductions. Yes, it’s time to start thinking about income taxes again. The Holidays are over and the credit card statements are starting to come in so you’re probably thinking about money anyway. […]
Dad…Mom… I Need Your Help: A Guide to Loaning Money to Your Children
If your son or daughter approaches you for a loan to start a business, make sure they have a solid business plan. […]
5 Accounting Tips for the Small Business Owner
Being the boss is much more complicated than being a simple employee. You don’t cash in your paycheck every two weeks and forget about your worries. There are a lot of responsibilities you need to juggle at once. […]
How To Save Money By Outsourcing Your Accounting
If you run your own business you know just how expensive professional accounting charges can be. Financial statements are an essential element of a successfully run business, yet their cost can be high. […]
How To File Your Canadian Tax Returns?
Filing your Canadian tax returns has never been easier. We’re going to show you how simple it can be and how our new online service takes all the hassle and guess work out of the process. […]
Corporate Tax – who has to file?
This is a question often asked of me by new clients. “I have a corporation, do I need to file a tax return? I don’t earn very much”. The truth is, all resident corporations have to file a tax return every year, regardless of income levels or any other factors. […]
