The runup to launching a small business is an exciting time for entrepreneurs. Once a strategy is created and goals and…
Featured
-
Categories: Corporate Financial Statements , Financial Statement Preparation
CRA Tax Relief: 3 Useful Write-Offs You Can Make in 2021
The CRA encourages all taxpayers to file their 2020 returns and not miss out on three useful tax write-offs if eligible. Read More Original Article Source…
-
Categories: Corporate Tax Planning , Income Tax Returns , Tax Planning Services
CRA tax tips for the self-employed
Tax may be owed depending on personal circumstances and the type of Covid benefits received. Read More Original Article Source Credits: Advisor's…
-
Categories: Tax Planning Services
Filing 2020 taxes late could lead to months of delays for COVID-19 financial aid, says CRA
With all there is to worry about regarding the pandemic and our working lives, the idea of rushing to file…
-
Categories: Accountant , Bookkeeper , Personal Taxes
Personal Tax Services By Accounting Montreal
Filling out your tax returns and maintaining tax records can be daunting as the process is complicated. The laws regarding…
-
Categories: Corporate Financial Statements , Financial Statement Preparation
Canada Revenue Agency: Don’t Forget The Interest and Late Filing Penalty!
The penalty will simply double: 10% right away and 2% for each subsequent month that you delay filing your taxes. Then there is the interest.…
-
Categories: Accountant , Corporate Financial Statements , Financial Statement Preparation
CRA to Retirees: 5 Ways to Avoid the 15% OAS Clawback
Retirees in Canada receive a significant amount of retirement income through the Old Age Security (OAS). The maximum monthly payment…
-
Categories: Accountant
Did You Turn 65? The CRA Makes Big Changes to Your 2020 Income Tax Returns
It is tax season, and the Canada Revenue Agency (CRA) is making many changes to your 2020 income tax returns.…
-
Categories: Corporate Tax Planning , Tax Planning Services
CRA sending details of bank accounts to IRS that dont have to be reported
The Canada Revenue Agency has been reporting hundreds of thousands of Canadian bank accounts to the Internal Revenue Service, despite the…
-
Categories: Corporate Financial Statements , Corporate Tax Planning
How to check if you have unclaimed cheques from the CRA
An overwhelming majority of Canadians now file their taxes electronically. Last year, in fact, 90 per cent chose that method. Even…
-
Categories: Corporate Tax Planning , Tax Planning Services
4 tax tips when filing for your unincorporated business
Preparing taxes at year-end can be challenging and things can become more complicated if you own a business as a…
-
Categories: Corporate Taxes , Income Tax Returns
Canada Revenue Agency: How to Boost Your Income and Reduce Your Taxes
When it comes to your finances, it’s important to take advantage of all the available benefits. For example, there are…
-
Categories: Personal Tax Planning , Personal Taxes
How to File Your Personal Tax Return
If you are doing your own tax return, we strongly recommend using tax software rather than pre-printed forms to prepare…
-
Categories: Corporate Taxes , Personal Taxes , Tax Planning Services
CRA: 3 Mistakes to Avoid When Filing Your 2021 Taxes
Filing returns in the 2021 tax season could be more “taxing” than the previous ones because the computation of taxable income for…
-
Categories: Accountant , Corporate Tax Planning , Corporate Taxes , Financial Statement Preparation , Payroll Services Montreal
What to consider if you still have RRSP contribution room
With just weeks left before the contribution deadline, a Certified Financial Planner rounds up key facts and common RRSP myths. Registered…
-
Categories: Accountant , Corporate Tax Planning , Income Tax Returns , Payroll Services Montreal , Personal Tax Planning , Personal Taxes
Checklist for Small Businesses
This checklist is for people like you who are starting a business. Using the links below, you can get information…
-
Categories: Corporate Financial Statements , Corporate Taxes , Income Tax Returns , Payroll Services Montreal , Personal Tax Planning
CRA Emergency Payments: 2 Helpful Benefits You Can Get in 2021
According to Statistics Canada, employment dropped (for the first time since April 2020) by 63,000. Part-time employment saw an even…
-
Categories: Accountant , Corporate Tax Planning , Corporate Taxes , Financial Statement Preparation , Income Tax Returns , Personal Tax Planning , Tax Planning Services
Canada Revenue Agency 2021: 1 Important TFSA Change to Note
The Canada Revenue Agency (CRA) announced several important updates before 2020 ended. One of the most important updates was regarding…
-
Categories: Bookkeeper
A Beginners Guide to Small Business Bookkeeping
Accurate, up-to-date bookkeeping is the backbone of any successful small business. No matter what type of business you operate, an…
-
Categories: Corporate Tax Planning , Payroll Services Montreal , Personal Tax Planning , Tax Planning Services
Tax Planning 101: You Have Until March 1 to Reduce Your 2020 Tax Bill Using RRSP
The year 2020 was different from other years for many Canadians even in terms of income. Many people lost their…
