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…
If you are in the situation where you are either receiving spousal payments or making them you may not know what your tax obligations are when it comes to Canada tax. Your circumstances will determine what this is. If you have not made any written agreement or are not making payments because of a court order…
There isn’t too much that we can take advantage of in today’s world at least in Canada that we can say is tax free. There are some such opportunities and it means seeking these out to see what kind of tax savings they can produce. One such potential opportunity is RRSP’s but there is also…
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…
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…
Most parents that have school age children love to see the kids return to school after a long summer of attempting to keep them entertained. What they don’t like to see is the hefty bills that come along with the back to school shopping. What they may not be aware of either is the Canada tax relief…
Running a business is hard work and something you need to concentrate on. It is quite difficult to be able to do all things well and there are certain things you might not enjoy doing or you do not have the expertise, time or training in order to do them efficiently and effectively. As we…
If you are thinking about starting a small business then at the same time you also need to think about getting yourself off on the right foot with the Canada Revenue Agency (CRA) as well as retaining the services of a quality Toronto accountant ideally that also offers Toronto bookkeeping services as well. These are all…
Probably by now many of you who are entitled to your Old Age Security are in the midst of making a decision based on the new CRA offering of being able to defer this pension for a period of 5 years. Before you make that decision it may be wise to speak with a…
It really is no fun when you are buying a product or service to have to pay a percentage of the money for it towards the GST/HST. While this is something that Canadian tax payers may have to do there is also some relief from this in many cases. These are called GST/HST rebates. This…
