by Technical Admin | Feb 3, 2024 | Income Tax Return
This is the time of the year when everyone starts thinking about taxes and refunds. However if you are new to Canada or it is your first encounter with filing taxes, it can be quite overwhelming. In this article we’ll tackle how to file your taxes in Canada and...
by Technical Admin | Dec 20, 2023 | Anant Accounting and Taxes, Compliance, Income Tax Return
Top 10 Income Tax Changes for 2024 Refer to the followings for tax numbers as a quick checklist! A: Most common tax changes to know! These are the most common tax changes that might impact the most individuals and families in Canada. 1. Basic personal amount: The...
by Technical Admin | Dec 8, 2023 | Bookkeeping
As businesses evolve their accounting responsibilities become more complex and time-consuming. Ambitious companies end up spending a lot more time and focus on accounting when they would rather concentrate on core skills and long-term goals instead. Relying on a...
by Technical Admin | Nov 11, 2023 | Compliance
A corporation is an independent legal entity that exists separate and apart from its owners (shareholders). Basically, the corporation acts as a ‘person.’ 1. As a ‘person,’ a corporation can: buy, sell and own assets, including land make contracts sue be sued You do...
by Technical Admin | Oct 15, 2023 | Accounting
QuickBooks Online Vs Xero : Which Is Better for Canadian business? A cloud accounting tool is one of the most powerful contributors to the day-to-day running of a company. With a system like QuickBooks Online Vs Xero, you can enjoy a crystal-clear view of your...