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You may think that if you do not file your tax when due that the CRA is just going to ignore you until you do file. Then at that time they will come at you with penalties and fines. Some individuals will assume this, and determine to file their back taxes when they have enough…
As soon as the yearly tax returns are dropped into the mail, or more commonly now completed online, many people breathe a big sigh of relief. Then for many they sit back and wait for their refund. When after weeks or even months after there is an envelope that arrives from the CRA there is…
When it comes to the preparation and filing of your taxes the ultimate person responsible for making sure this is done, is you the tax payer. Now the CRA is well aware that many, many, people hire professional accountants to assist them with this. You will note on the bottom of your tax return there…
There certainly are not too many Canadians that would openly say they enjoy paying taxes although most people that don’t like it also realize that it’s the taxes they pay that allow them to enjoy many of the benefits that this country has to offer. What has become the real trend is more tax…
The best tax position to be in when it comes to Canada tax is one where you are up to date with both your business and personal taxes, and you don’t owe the tax man a single dime. Unfortunately there are a great many taxpayers that are not in this position, and some are contemplating tax disclosure…
As a small business owner in Toronto, it is most important that you have the administrative sector of your business in good order. When it comes to the financials of your business you really do need to utilize the services of a Toronto accountant who has the expertise and resources to provide small business accounting services. Choosing…
Yes, we are just entering into the fall, which means that many of us in Toronto have the unwelcome thoughts of the cold hard and long winter ahead of us. It also means that we are in the last quarter of the year. Which in turn means, we will be soon facing the year end…
Whenever you are in need of a professional, ideally it’s nice to know that there is a governing body that oversees their actions and holds them accountable. If you are going to choose a Toronto accountant to attend to your tax and financial related matters, then you also should have the comfort of knowing that…
