If you are a Canadian taxpayer that only has to file a simple return, then you are probably thinking that you do not need tax preparation Toronto services. You may want to reconsider this however, as there are many credits that could potentially be available to you, and unless you take advantage of them by…
Perhaps you consider yourself as a small business entity and as such don’t feel that you qualify or even need a Toronto Accountant. It is not unusual for a small business to just assume that they can tend to their tax matters at the end of their fiscal year, by providing the necessary figures to…
Some Ontario tax payers become so concerned about not paying their taxes properly that they wonder if they should be paying tax instalments. Often these are the people who never end up owing taxes, but are always concerned if there is any change in their income that they will be hit with a big bill…
If you are a real estate agent probably one of the most complex deals you have to face is dealing with your Canadian tax return at the end of the year. While the CRA has made some attempts to steer you in the right direction you most likely still find yourself becoming quite frustrated over…
It really is quite nice to be your own boss and be able to call the shots as to how many hours you are going to work and when. If earning money is a responsibility that you have then you will find the world of self-employment does come with a lot of obligations. One of…
Lots of people take a look at real estate as an investment and in the past few years the area of interest has been in buying condos. For many the thought has been to buy these when the market is a buyer’s market and then sell or “flip” them when it becomes a seller’s market.…
Any Canadian that has done, is doing, or thinking about offshore investments and incomes, has no doubt been following the news in the recent months. Nobody wants to give a thought to their name showing up on some file that is listing those with offshore investments that may be questionable. The CRA has been moving…
As a general rule there are three topics of conversation that most people like to stay away from. These are death, taxes and religion. While religion can certainly be left up to the individual unfortunately death and taxes are two issues that will have an impact on others besides an individual. There comes a time…
Now that the 2012 tax year is over and you have already received your refund or paid your balance owing, you may ask yourself when is a good time to contribute the RRSP account? Typically most people make their contributions in the first 60 days of the following year. So you might be waiting until…
Now that the kids are out of school it’s great to be able to spend time with them, but it often means additional expenses when it comes to keeping them entertained. It could also mean having to provide care for them if both parents are working. So do any of these added expenses qualify for…
