Yearly Archives: 2013

Why Hire an Accountant and Tax Expert

Canada is a North American country consisting of ten provinces and three territories. It has many big cities but Toronto is the largest city of Canada and the capital of Ontario. In Toronto, it can be really helpful in paying Tax returns if you have hired the services of either an accountant or a payroll...
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Understanding Taxation Services in Ontario

In Canada, the power of declaring taxes and carrying out Taxation resides with the parliament. The Federal government is in possession of the basic authority to legislate taxation. But at the same time, the provincial government also holds a stricter and restricted authority for taxing the populace in order to generate income for the purpose...
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Ontario 2013 Tax Rates

With the start of the tax season many wonder what are the published government tax rates, here are the latest rates for 2013, give us a call if you have any tax related questions. The chart below reproduces the first calculation that has to be made on page 2 of Schedule 1 of the tax package to...
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Tax-Free Saving Accounts

Are you having trouble understanding the Tax-Free Saving Accounts? You are not alone. We found a great article from Moneyville.ca that provides a good explanation and tips to benefit from the TFSAs. “At first glance, TFSAs seem deceptively simple. You put some money into an account, hopefully make a profit, and eventually withdraw it all tax-free....
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