When starting a new self employed business there is every chance as your business grows that you will need some help with its operation. If you have a family member that is qualified to assist you then you can utilize their services. You are entitled to pay them a wage as you would…
As most people are aware of the tax filing deadline has been pushed back for the Canada taxes until May 5th. due to the CRA site breach by an internet virus. For some this doesn’t mean much, but for others who are right down to the wire with their tax filing those extra few…
It is exciting when you are about to start a new business. You will soon find that there are many things that you need to attend to. Finding out what your responsibilities will be to the CRA regarding this new business venture is something that you do not want to put way down on your “to do”…
During tax season it is the time where most everyone is looking for some type of tax break. As a result of this they can become vulnerable to scams and misconceptions about tax obligations. No doubt you have noticed many new temporary tax offices opening up that are offering you great tax savings…
With the Canada tax deadline being in the first quarter of the year for many tax payers, they don’t start thinking about their current tax year situation at least until after they have filed the last year’s. That means that four months of the year have past and no tax planning has been implemented.…
Okay, we are just about to wrap up the 2013 tax year, and already you need to start thinking about your 2014 tax if you are a student. If you are used to working part time during the school year, or finding summer employment then you already know that this can create some tax implications…
For some of us we have even got last year’s taxes done and over with and yet we have to start thinking about the current year. By the time the deadline reaches for the previous year, we are already finishing off the first quarter of the current year. It is often a common…
Most often when it comes to any savings on taxes we like to see them in lump sums and hopefully significant amounts. Anyone that is actually going to get money refunded to them consider this to be quite pleasing. As a result of this though, a lot of tax payers just don’t realize how…
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.