CALL NOW FOR CONSULTATION!
416-398-1700
It would seem that the Federal Government under Justin Trudeau is doubling down on efforts to catch tax cheats with a massive increase in spending in the new Federal Budget earmarked to try and do just that. In the just released budget the Feds up their game by increasing the amount being spent by almost…
Details
Other than the broken promise of reducing/eliminating the deficit that was a key part of the campaign promises by this Federal Liberal Government what exactly are the key provisions in the just released 2017 Federal Budget trotted out by Trudeau and Finance Minister Bill Morneau this past week. With all of the hoopla south of…
Details
It really is ironic that when we are so caught up in the tax season with last year’s taxes that the government hits us with a new budget right in the middle of it. Now in all fairness that is not because they are trying to sneak in changes because we are too busy to…
Details
There are a lot of important obligations that we have in life and there are a lot of important professionals that we have to rely on from time to time. If we have health problems we seek out the best physicians and treatments available to us. If we have legal issues then we seek out…
Details
For those that have been doing their taxes for many years they may have had a opportunity where they have sold their principal residence and really had no requirements for reporting this to the Canada Revenue Agency. This has all changed as of the 2016 tax season. Now individuals that have sold their home during…
Details
Nowadays it is very hard to understand what is taxable and what is not. Meaning, there are probably quite a few questions as to what you can claim on your income tax at the end of the year. Many individuals choose to visit an accountant or a tax company, if they do not already have…
Details
If one were to take a close look at what is currently happening in the US where the country appears to be now going to be run from a business standpoint rather than a political one, would Canada be following in suit if Mr. O’Leary were to work his way up to becoming Prime Minister?…
Details
It would almost seem that when anyone wanted to know what Mr. Trump was up to or what his present feelings were on a topic during the campaign trail, rather than turn to the news for an update they would simply resort to Twitter. The president elect obviously felt that this social platform was the…
Details
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…
Details
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…
Details
