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4 Days Left for RRSP’s
Did You Know…….you still have 4 days to get your RRSP in for your 2011 tax year. Call us if you want to know how much you need for RRSP’s to keep your tax down 403-257-6235. -
How to Work with Tax Advisors
Did You Know…..having a tax expert in your corner can save you money. Here are a few Tax Tips that can help you. And….if you are in need of a tax expert, call us at 403-257-6235, we are here to help. -
Working on Your Business, Not At It
Did You Know……becoming an entrepreneur takes persistence and great delegation skills ! Read this great clip from Customplan Financial Advisors Inc. (our MGA). -
Employment for an Accounting Technician
Did You Know……we are growing again and looking for a full time experienced full service bookkeeper to be part of our team, if you think you fit the description, please call us at 403-257-6235. -
New Hiring Credit for Small Business
Did You Know……the new Hiring Credit for Small Business (HCSB) is a one-time credit of up to $1000 based on the increase in a small business’ employment insurance premiums paid for 2011 over those paid for 2010. This hiring credit will be available to employers whose total EI premiums were at or below $10,000 in 2010. For more information, go to www.cra-arc.gc.ca/hiringcredit. -
Deadline for Taxpayer Relief is December 31, 2011
Did You Know…..you still have until December 31st to file a request for taxpayer relief for the 2001 tax year and any reporting period that ended in 2001 calendar year. However, a recent Federal Court of Appeal Case, Bozzer v Canada, the taxpayer relief provisions (fairness provisions) can apply to reduce interest and penalties which have accumulated in the 10 taxation years preceding the request for leniency, even if the tax debt causing the interest arose prior to that period. Therefore, if the tax debt arose from the 1999 tax year, penalties and interest that have accumulated from 2001 to... -
Year End Tax Planning Tips
Did You Know……Evelyn Jacks says that your family’s tax returns are a great place to look for year end tax planning opportunities. Read more Year End Tax Planning Tips -
Christmas Party Deductions in a Company
Did You Know….the cost of a party or event to which all employees are invited is 100% deductible in your business. There is, of course, a limit to 6 of these type of events per year. If clients are invited, it does not change the 100% deductibility. -
Gifts to Employees
Did You Know….Gifts to employees – cash, non-cash, and near-cash, are normally considered a taxable benefit. Some exceptions apply, make sure all of you employers review the rules. -
No More CPP on Wage Loss Replacement Plans
Did You Know…..CPP contributions are no longer required to be deducted from benefit payments made from wage loss replacement plans. For more information read No More CPP on WLRPs
