Bookkeeping !! To do or not to do!!!

Bookkeeping !! To do or not to do!!!

While there is no doubt that each and every business has to have proper books maintained due to a variety of reasons, such as: Help in tax filings and subsequent tax audits Gauge the performance of the business Properly prepared financials help in getting the proper...
Personal income tax returns

Personal income tax returns

EMPLOYMENT INCOME & EXPENSES Income included on a T4 general includes income from an office or employment. The amounts include payments received as salary, wages, commissions, director’s fees, bonuses, tips, gratuities, honorariums, and GST rebates claimed...
Capital gains tax definition for you

Capital gains tax definition for you

CAPITAL GAINS Since 1994 all sales of capital assets are subject to tax on capital gains. The difference between the purchase price and the selling price less expenses are included on your tax return as capital gains. Until February 27, 2000 the taxable capital gain...
Controller Services

Controller Services

It’s time for a step up!! You now need greater visibility into your business. Now is the time to properly manage your money and resources. What is your gross margin? What impacts it? How are your accounts receivables doing? How much capital do you need for...
Why bookkeeping is critical?

Why bookkeeping is critical?

The need for timely and accurate bookkeeping can’t be stressed enough. The first and foremost reason one could think is to keep a track of the business and its finances. Without financial information, how would you know what’s happening in the business,...
Taxation for new immigrants

Taxation for new immigrants

Moving is always a daunting task, let alone to a new country!! The rules are new, the environment is untested and you have make your way through it! Of the many challenges that you would face, income tax is one of them. Your first income tax return is very critical...