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. View...
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...
