by romzbajalan@gmail.com | Oct 16, 2017 | Businesses, news, Tax
The federal government announced today that they intend to honour their campaign promise of 2015 to lower the small business corporate tax rate to 9% over the next 15 months. This would bring the combined federal and provincial taxes on the first $500,000 of annual...
by romzbajalan@gmail.com | Sep 19, 2017 | Articles, Businesses, news, Tax
The federal government has proposed significant changes to the way that small business corporations will be taxed. Teri sits down with Robin Spiers to discuss Pi’s position on this....
by romzbajalan@gmail.com | Mar 24, 2017 | news, Tax, Tips
A single parent income tax return is one of the most reviewed returns by the Canada Revenue Agency. To avoid delays with either your income tax refund and/or your child tax benefits please bring the following information to your appointment. Court order or custody...
by romzbajalan@gmail.com | Feb 7, 2017 | news, Tax
This is a question that we hear on a consistent basis. Most people know if they are single or not, married or not, widowed or divorced but what about the in-between. What are the rules on this topic for tax purposes? What people think and what the Canada Revenue...
by romzbajalan@gmail.com | Jan 3, 2017 | Alberta, Articles, Businesses, news, Tips
We got out our December newsletter with 3 days to spare this month. If you aren’t subscribed (or the email got lost in all of your holiday e-cards), you can go to our Newsletter tab at the top of the page to subscribe and see our previous issue. You can also...
by romzbajalan@gmail.com | Nov 4, 2016 | Businesses, news, Tax, Tips
Every year the Income Tax Act gets bigger (currently over 2,700 pages) and the personal T1 Return gets more complicated. The current Liberal government has announced their intention to simplify the Act by eliminating tax credits. Bill Curry from the Globe and Mail...
by romzbajalan@gmail.com | Oct 28, 2016 | Articles, Businesses, news, Payroll, Tax
In our October newsletter, we showed how the real cost of the minimum wage increases is higher than is commonly discussed and that it is the business owner who shoulders those costs. This leaves a hard decision for the employer. A basic concept of accounting is that...
by romzbajalan@gmail.com | Oct 26, 2016 | Articles, Businesses, news, Tax
Tax fraud is rampant and there seems to be no shortage of accountants willing to look the other way. If your accountant is writing off expenses that are overstated, not only are you breaking the law, you will be facing some major fines putting your personal life and...
by romzbajalan@gmail.com | Oct 17, 2016 | Businesses, news, Tax, Tips
Why is accounting a vital part in running a successful business? It’s all about creating the freedom you want for yourself and for the ones you love. The structure of any business is that money comes in and that the money goes out. Accounting looks at this closely...
by romzbajalan@gmail.com | Oct 16, 2016 | Alberta, Articles, Businesses, news, Tips
75% of all new jobs created in Canada are from the small business sector. Generally, small business is defined as fewer than 100 employees. Canada’s economic growth greatly depends on entrepreneurship. Entrepreneurs and small business proudly build their...
