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A great many people purchase life insurance simply because they want to ensure that the loved ones they are leaving behind are going to be financially secure. A lot of people are now buying life insurance instead of mortgage insurance to be sure that their family will be less financially strained in the event one…
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Many people consider downsizing once their kids have grown and left the home. They may think about investing in a smaller home, or they might start thinking about condo living. When they begin to entertain this thought then they have to decide whether it is better to buy the condo or…
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Seasoned long haul truck drivers soon learn the value of using an accountant to help them keep track of their expenses as many of these while on the road have an effect on their income tax submissions. Quite often new drivers are now aware of the need for a quality accountant as they have…
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You have an online business and it is finally beginning to show a return for you. What you need to realize is that even though you are only operating online, it is still considered a business by the CRA. This means you are responsible for tax filings for this entity. It may be based on…
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Don’t be surprised if your small business accountant asks you about your marketing expenses for your business. Especially if you are not showing any expenses for this as your accountant will surely know how important marketing is for your business. You may not be doing much marketing because it is costly, however you…
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Most people look at franchises as a business in a box, which basically it is. That doesn’t mean that you just sign your name on the dotted line and the money is going to start to roll in. Like any business you are going to have to be dedicated to it. As the franchise owner…
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Now that the kids are out of school it might be the right time for you to start a day care business. If you are a stay at home mom chances are you have already been approached to see if you would be interested in doing some day care by the working moms in…
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It doesn’t appear as though there is anything newer than the senior tax breaks that we outlined in the Economic Action Plan 2015. Basically these all evolve around the pension income splitting, the family caregiver amounts, and includes amounts for public transit as well as the disability tax credit. It also covers the…
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Well it seems that the Federal Government is going to sink its teeth into what they call the underground economy as it relates to the building industry. The plan of attack is an investment of $118 million to fight against this. The Campaign is being called “Get It in Writing”. The government is…
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Entrepreneurs have no shortage of enthusiasm and a zest for making their business a success. What they may be lacking in is time to do some networking. They may even be lacking in the realization of why this is so important. They often perceive networking as socializing and cannot comprehend how this fits into the…
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