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2016

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small business deduction

Is the Small Business Tax Deduction an Advantage for You?

Small business taxBy Sam SeidmanDecember 29, 2016Leave a comment

As a business owner you have to look at all the tax breaks that you can possibly get. If you are new to business then there is no doubt that you are busy with the many different aspects that it possesses. Taking the time to know where you stand with the tax department is critically…

Seasons Greetings and Happy New Year

Wishing you a Very Happy Holiday and a Prosperous New Year

New Year, Seasons GreetingsBy Sam SeidmanDecember 16, 2016Leave a comment

Once again we are at a years end, and into the festive season.   Here at TorontoAccountant.CA we would like to take this time to wish everyone a very happy holiday and a prosperous new year. The last year has been a busy one when it comes to changes in finances and politics and no…

allowance money for kids

How Much Allowance is Right for the Kids?

FinancesBy Sam SeidmanDecember 8, 2016Leave a comment

Most parents get to the stage where they feel compelled to give the kids an allowance. A small stipend to help and teach them the importance of managing money and to give them the ability to either purchase something for themselves or to save for something they want over time. The big question is not…

Potential Tax Savings That You Should Be Thinking About Now

TaxesBy Sam SeidmanNovember 28, 2016Leave a comment

Although we are entering into the holiday season most people don’t even want to think about the fact that it’s the year end coming up and this means its time to get ready for the tax season. What you may not want to think about is that is important that you do give consideration to…

Gearing Up for Budget Control for 2017

FinancesBy Sam SeidmanNovember 22, 2016Leave a comment

When the year starts to come to an end many people reflect back over the past several months and take a look at where they are financially, in most cases many are really not happy and don’t feel that they’ve made much progress. In some cases their financial situation is worse at the end of…

Are You ready for the Electric Car Era?

FinancesBy Sam SeidmanNovember 18, 2016Leave a comment

Whenever the economy is bad and people have to start tightening their belts they automatically become a little more money savvy. This is when they start taking a closer look at the budget and begin to keep an eye on the credit card spending. It is also a time when they start to take a…

Newcomers to Canada

Tax Information For Newcomers To Canada

Personal TaxBy Sam SeidmanNovember 14, 2016Leave a comment

Canada is a country known around the world as the place to come if you are experiencing strife of any kind in your present country whether from wars or persecution because of your religious beliefs or your sexual identity because we are a country of tolerance and diversity. Immigrants to Canada are a part of…

Which Renovations Really Add Value To A Home?

Finances, Principal residenceBy Sam SeidmanOctober 27, 2016Leave a comment

For most the desire to perform renovations on their homes comes down to what they really want in their homes rather than what they truly require. The man cave in the basement just seems like a better value for the money than a second bathroom or expanding the dining room, after all think of the…

Tax Implications on Principal Residences

Principal residence, Tax Rules, TaxesBy Sam SeidmanOctober 26, 2016Leave a comment

With all of the recent speculation on the possible creation of a real estate bubble with prices in select areas of the country, namely Toronto and Vancouver to be exact, rising higher and higher the pressure on Finance Minister Bill Morneau to try and bring some stability to the market in order to prevent a…

Things to Consider When Buying Life Insurance

Finances, InsuranceBy Sam SeidmanOctober 25, 2016Leave a comment

There are a wide variety of things to consider when making the important decision to buy life insurance to protect your family if something un-towards should happen to you or even if you live to a very long and happy age and expire by natural causes. Under either scenario you would want your family to…

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