Author: oc_dev_adm

When you’re filing taxes in Canada, it’s vital that you know the information that is most pertinent. By learning about potential writings, filing deadlines, and other matters, you’ll avoid mistakes and get the return that you need. As a Canadian citizen, it’s your obligation to stay up to date with such information. Follow these steps …

In a survey conducted by the Toronto Daily Bread Food Bank, it was discovered that 25% of users hadn’t filed taxes, and those statistics are similar across Canada and even in Alberta. The same survey estimated that as many as 10% of low-income families in Canada are not getting the GST credit they are entitled …

Many Canadians either don’t file their taxes or don’t file them on time. Businesses are just as likely not to file or pay on time. It’s hard to file on time if you don’t know the Canada tax deadline. For the upcoming tax filing season, there are a few dates you should keep in mind. …

Did you know that Alberta has some of the most generous tax incentives in Canada for small businesses? If you’re planning on moving to Alberta, or you’re just starting a business, here are some basics about filing business taxes in Alberta. While on a federal level your business tax obligations are the same anywhere, the …

Experts say 45% of Canadians will be self-employed in the next couple of years. Around 47% of self-employed Canadians enjoy the flexibility that comes with owning a business and working on their own terms. Don’t let taxes spoil your experience: stay aware. Learn how to do self-employed taxes so you can enjoy the true perks …

There will come a point in your entrepreneurial journey when you need to hire a bookkeeper. Even if you do great business accounting on your own, you won’t be able to effectively document your gains and losses by yourself. You still have the rest of your business to worry about. Today, most business owners debate between …

While there’s a lot that can go on with your expenses without the help of an accountant, those things can swing your way if you employ one. A small business accountant doesn’t have to be a full-time position. You could invite them to your offices once a week just to keep things in order. Here …

Balance sheet analysis is critical to a healthy cash flow and forecasting for your business. It’ll help you find out where your money is really going – and how to better manage it. Even if you outsource your business financial management to an external chartered accountant, having a good idea of your monthly, quarterly, and …

The days when getting an accountant was just to deal with your tax affairs are over. Accountants often are often an untapped source of valuable industry insights and business advice on a range of subjects for your business. It’s important to take advantage of your accountant’s knowledge! An understanding of emerging markets in your industry …

No matter the time of year, you should be thinking about how to maximize tax return value when it comes time to file. Your taxes are an overall assessment of your yearly earnings, after all. It’s important to be thinking about it throughout the year so that you’re prepared for the outcome when you file. …