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It has become such a tradition for many of us to start off a New Year with a definite plan for changes for the better. We make note of these by making New Year’s resolutions. These usually focus around changes that we want to make to our current lifestyles. If you really want…
As another year draws to a close we here at TorontoAccountant.CA wanted to take some time to wish all of our clients a warm and happy holiday, and also extend this to the many of you who visit our site. We appreciate your business and look forward to serving you again in this upcoming year.…
If you work in an industry where part of your income is comprised of tips, then you have no choice but to declare them on your annual tax return. Chances are you have taken on a job where part of what you make is going to be based on what you glean from tips. You…
Many small businesses have multiple approaches to marketing. The internet has opened many doors to all types of businesses. There are some that only operate a virtual online business, while others have a on land location but also have a business presence online. It is important to remember that business is business to the…
We live in a world of technology so it should not come as a surprise that some form of what some call virtual money, would eventually show up. Even if your business has not become involved in digital currency transactions as of yet you probably have heard of Bitcoins. Naturally if the CRA thinks that…
With jobs being hard to get both employers and employees are becoming more creative with their business and financial needs. In the past there have been a lot of people who simply prefer a salary or a wage and don’t want the insecurity that can come with commission payments. Businesses that are struggling…
A lot of people are becoming more pro-active in finding legal ways of trying to reduce their tax obligations. There are many ways that they can go about this. Also, it is becoming more important to implement some financial planning strategies that not only include your taxes but help to save money in…
Well now that election is over and we seem to be right back where we started from, the Liberals have stepped forth with the same basic budget that forced the election to begin with. Of course everyone wants to know what the final word is going to be on the tax situation. It would…
