- Good News
- Submit News Tip
- Trending Now
- Photo Galleries
- Special Sections
- Contact Us
- Site Map
Tthere must be a way to promote this to businesses in general, so I’ve done a bit of research.
There are many financial benefits to filing a tax return every year.
The major focus of the budget was getting Canadians trained to work in fields that are in high-demand.
The most under-utilized tax code benefit is the use of the disability tax credit.
This age limit to receive your Old Age Security pentions will be increased to 67 years of age beginning April 2023
Non-profit organizations have unique accounting and reporting needs.
Some examples of capital property are cottages, securities such as stocks and bonds and land, buildings and equipment used in a business.
It takes a lot of paper to put together a tax return. Most income is recorded and sent to the tax payer by way of income slips.
It’s time to estimate your income to take advantage of any tax deductions that may be coming to you.
You will need to keep your business records in case of an audit of GST/HST, payroll or taxes.
Depending on the kind of business, the corporate tax rates are currently lower than the lowest personal tax rates.
Columnist Gabriele Banka says there are benefits for consumers of dealing with someone with a professional designation.
Professionally designated accountants are required to follow a strict code of ethics.
Incorporating a business can offer advantages such as tax savings and tax planning.
Once you meet with the accountant, you will be asked to sign an engagement letter usually before any work commences on the file.
If you require formal financial statements for a partnership or a sole proprietorship, you will also need to sign an engagement letter.
Kelowna has many small businesses but very few large employers.
Why someone might purchase only the assets of a business is to avoid adopting the tax problems of an incorporated business.
What happens during the Kelowna summer is that companies start to advertise for the more skilled positions that may be opening up.
There are a number of assets that are used on the balance sheet to indicate the health of your company.