If you change employment or work for multiple employers during the year you must ensure that you have submitted all off your T-4's to avoid penalties on non-reported income.

As a professional accountant I am more than just another cost, I also save you time, expense and work so that you can concentrate on running your business. We ensure your financial affairs are managed smoothly and well organized.

If you are claiming automobile expenses for business purposes you need to keep accurate records in order to avoid having amounts claimed disallowed by Canada Revenue Agency.

Failure to file T1135 regarding all foreign held properties including shares in foreign companies may result in CRA charging you penalties of $25 per day to a maximum of 100 days until the form has been filed.

The Barrhaven Independent has published a Business Profile article about us, after clicking the read more link you can use the link below the article to have it appear fullscreen.

Small businesses which are currently receiving $300 to $1,000.00 from the Ontario Government to help with the HST transition, please be aware that the amounts are taxable and must be included as revenue for the company.

Are you planning on buying or leasing any computers and systems software within the next year?  If so are you aware that the 100% write off allowed by CRA for these type of assets will end on February 1, 2011? 

If you own a business you need to be proactive about many aspects of the business but accounting is often neglected which can lead to additional expenses, lost opportunity and additional stress but with some planning and the right accountant it doesn't have to be that way.

On July 1, 2010 Harmonized Sales Tax (HST) came in to effect in Ontario