As adults that have gone back to school either full or part time we often don’t think of ourselves as students when it comes to our taxes and, therefore can miss out on some important Canada tax credits that are applicable to students. You may consider that while there seems to be several small tax credits…
Most people realize that paying taxes although unpleasant is really a necessity, if they want to enjoy the public benefits that the money from tax collection is supposed to bring. Your tax dollars are distributed through two levels of government which both contribute to many resources that we use on a daily basis. However, this…
When tax season rolls around many people start to pay more attention as to what potential tax credits could be available to them. They usually rely on their knowledge of the more common ones that have been around for awhile, and often don’t realize that there may be new ones or old ones that…
There are a lot of good reasons for getting your taxes done as early as possible instead of waiting for the deadline. Many times your Toronto accountant can be instrumental in giving you some good tax tips based on your last year’s tax situation. It could be that this year would be a good year…
It is not uncommon for small businesses to share their frustrations with their accountant concerning the growth of their business. Very often an experienced accountant can offer a lot of good tax planning advice to help companies move in the right direction. For example, these financial experts can often discern when it would be more…
Living in the surrounding areas of Toronto has the mixed benefits of enjoying many of the city’s main core amenities but also having a little of the country atmosphere. When it comes to specialized services such as accounting many times choices can be limited. Almost anyone that doesn’t have to travel to the downtown…
There may be more potential benefits offered by the Canadian government than what you are aware of. Missing out on one or two may not seem like that big of a deal to you, but these benefits and potential tax credits can add up throughout the year and make a difference to your tax…
In the past we have talked about the importance of having the right tax preparer do you taxes. We also spoke about the CRA’s new action plan called the Registration of Tax Preparers Program (RTPP). Some thought that this was just going to be an empty gesture on the CRA’s part and not a program…
You may not realize it but the CRA makes your privacy a priority. It has very stringent rules as to who it will share information with concerning your tax matters. This is a good thing because nobody wants to have their financial information shared. Perhaps the exception to this rule is when there…
When it comes to filing taxes even those with the most simple filings find it to be dreadful. Although it would seem that with the modern technology of today concerning our computers and being able to use software instead of hard copies of the return that tax filing would be a breeze. After all, computers…
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.