Update - Our office is open for public and we doing personal taxes in Person
If you are subjected to pay Canadian income tax and looking for effective ways to save money from it, here is the right article for you! Let us find out what you can do to reduce your income tax legally. 1. Take Advantage Of Your RRSP RRSP (Registered Retirement Savings Plan) is a type of
If you live in the city or any suburban area, then you have heard of Uber. Uber is a company that essentially works as a taxi service but just a little bit cheaper than your regular cabs. The way Uber works is by downloading the app off your phone’s app store, then after downloading, you
If you have tax still owing to the Canada Revenue Agency, there are a couple different ways to help you get rid of the debt. The CRA acts very fast and will take extreme actions to get the tax owing from you so you must be quick to act. There are multiple ways to help
The following are tax tips for newlywed couples. How can you save on taxes as new wedded couple. You should start by investing into a home buyers plan. Most couples will buy their first home and that would be their biggest purchase by far. The mistake people make is not knowing that you can contribute
If you are looking to downscale but are not sure if you should rent or buy a property here are some tips. When you feel that you should downscale from a home to an apartment or a smaller property it is hard to determine whether you should rent or own the property. Many factors go
1. Claim Medical Expenses Most people forget that they can claim their medical expenses, you can get a tax credit after filing a tax return for the medical expenses that you paid for. Medical expenses that qualify include prescription drugs, medical therapist, and some medical premiums paid to insurance companies. Always keep your receipts incase
Hi this is Muhammad Nasrullah I have accounting firm providing public services for more than 20 years in Greater Toronto Brampton and Mississauga Area. Information Needed To File Your Taxes With CRA If you are Newcomer to Canada you make sure that you go to the accountant and apply your tax returns accountant will
I am releasing a series of videos to help you receive financial help from the Government of Canada due to COVID-19. Most importantly, I hope that you and your family are safe during this difficult time. This video is about the Canada Emergency Wage Subsidy for Canadian Employers. Wage Subsidy The Government of Canada is
Loans of up to $40000 are being provided to small businesses in Canada. Are You Eligible? There are some criteria you must meet to be eligible for the Canada Emergency Small Business Loan. You must have had a payroll of $50,000 to $1,000,000 in 2019. Now the loan itself does have its own terms as
Muhammad Nasrullah, CPA Canada Emergency Response Benefit, what is it? The Canada Emergency Response Benefit gives financial support to self-employed and employed persons. If you are eligible you will receive $2000 for a 4 week period, which is the same as receiving $500 every week. This benefit started in mid-March 2020. How to know if