As Canadians we all look at ourselves as being in the same boat when it comes to our tax obligations, yet each of our tax situations is unique to us based on our circumstances. Often we hear about people who seem to be living well yet they boast about never having to pay taxes…
As tax time draws near no doubt you are giving your tax affairs some thought. This past year there has been a lot of emphasis on off shore accounts that were not being claimed and basically it centers around tax evasion. This has caused the CRA to update their T1135 form regarding foreign investments.…
Time to get your taxes done and there are lots of tax preparers in Toronto to choose from, but how do you go about this, and does it really matter who you choose as long as they get done and submitted? The answer to whether it matters who you choose or not, is an…
Getting ready for your 2013 taxes may not be an easy task for you, if you have not been completely organized throughout your business year when it comes to keeping your financial records in order. You may be in need of some Toronto Bookkeeping Services that are going to make your tax obligations far more simple and…
As we all know when it comes to the Government including the CRA, what is said behind closed doors is usually far different than what is said to the general public. We also know that there has been a big uproar about the huge amount of tax evasion throughout Canada that took place regarding…
While it is really nice to spend our Canadian cold winter months in the beautiful warm climate of the south, it doesn’t mean that you can avoid the Canada tax unfortunately. This is one responsibility that you will need to take with you while basking in the sun. Your stay away from home has…
Many tax payers have heard about paying taxes in instalments but often assume that this is just for the big Corporations who have a lot of tax to pay. You may be surprised to learn that technically if you net taxes owing in 2013 plus 2012 or 2011 is more than $3,000. you should be…
As the year draws to an end lots of people like to start the New Year with a fresh start. This often means trying to clean up loose financial ends. Perhaps you have an outstanding tax debt and you really don’t have the funds to clear up your account with the CRA, but you at…
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.