Top 5 Reasons To Use A Tax Accountant

by Dean Paley on February 14, 2013

Over the next 2 – 3 weeks, you will start receiving your tax slips in the mail. Most T4’s and T5’s must be submitted to you by the end of February and T3’s will follow a short time after. As you start getting ready to file, you may want to consider using a professional to [...]

Edward Jones Limited Partner Tax Returns

by Dean Paley on February 13, 2013

If you are an Edward Jones Limited Partner in the United States and are looking for someone to prepare your Canadian T1 non-resident tax return, we can help. The partner of this accounting firm was a long-time Edward Jones LP in the Mississauga Home office who had responsibility for the Canadian Finance Department. He is [...]

Why Use A Bookkeeper?

February 12, 2013

Bookkeeping is an important part of your business! The information in your bookkeeping system tells you how your business is performing and helps you make informed decisions. Without an effective bookkeeping system, you can easily lose track of you cash flows and potentially get in some hot water with the CRA. Bookkeepers Save Time As [...]

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Real Estate Sales & Income Taxes

February 11, 2013

Whether you buy and sell homes as a business or hold real estate for rental purposes, knowing the tax consequences can save you from costly surprises. Business Income or Capital Gains If you are in the business of buying a home, making some changes and then reselling it for a profit then all of your [...]

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Tax & Owning Rental Properties In Canada

February 8, 2013

Perhaps you moved out of the country for a few years and then decided to make it permanent or you have purchased property in Canada as an investment to generate income. No matter the reason, you should be aware that Canada imposes a withholding tax on the rents and sale of real property. Knowing the [...]

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Medical Professional Corporations & Tax Benefits

February 7, 2013

Ontario allows regulated health practitioners to incorporate and reap the benefits of operating through a corporation. This means that Physicians, Dentists, Surgeons, Audiologists, Dental Technicians, Psychologists, Nurses, Midwives, Chiropractors, Physiotherapists and Massage Therapists to incorporate their practices. In addition, other professionals such as veterinarians, social workers, and lawyers are also permitted to incorporate and take advantage of [...]

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