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. […]
How To File Your Canadian Tax Returns?
Category: Tax Planning
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. […]
Compilations and Notice to Readers (NTRs)
So what are these things anyway? What is an notice to reader (NTR), and why do I care about it? […]
Attention Self-Employed and Small Business Owners: Your taxes are due soon!
Well, actually, you were supposed to pay them a while ago (April 30), but your actual return must be filed soon. If you are self employed, or own a corporation, keep reading. […]
Why file now? April 30th is so far away!
I know what you’re thinking: we’re all busy. Who has time to file their taxes before April? Let alone the last week of April?! Well, there are several reasons why you should get your documents into Al-Mulla CPAs sooner, rather than later. […]
The RRSP Deadline is coming up!
You may have noticed this phrase plastered across retail banking advertisements lately. It seems like there are no shortage of financial companies reminding you to contribute to your RRSP before March 1. So what is all the hype about anyway? And why March 1? If you’ve ever found yourself pondering these questions, read on. […]
Importance of HST determination
For many businesses, the collection of HST is part of regular business operations. When the HST rules were released on 1 July 2010, this affected consumers as more HST had to be paid in buying certain goods, but benefited small and big businesses as they were now able to collect back all the tax paid […]
Tax Compliance: Voluntary Disclosure Program (VDP)
Due to the nature of the Canadian tax system, which relies heavily on the taxpayers’ understanding of the various rules and provisions, it is common to see taxpayers realize their previous filings with CRA were inaccurate or incomplete. […]
Should you incorporate?
Companies and businesses can be owned through various methods. For the purpose of this post we will look at a business that is owned through an individual in comparison to a business that is owned through a corporation. […]
