by adminaccountantcpa | Dec 16, 2021 | Investing, Tips
For most people, starting their first investment account is a challenging task. Regarding the best ways to invest your income, countless articles available will no doubt confuse you regarding how much return you can get from different solutions. A lot of money is at...
by adminaccountantcpa | Nov 16, 2021 | Debt Deductions, Tips
Debt is a problem that affects many people in different ways. It can lead to stress, anxiety, and other emotions. Many people use debt consolidation services to get rid of their debt and prevent themselves from getting into more debt, possibly because it’s...
by adminaccountantcpa | Oct 16, 2021 | Tax Deductions, Tips
1. Individuals Individuals who own rental property need to calculate the income or loss from the property for each calendar year. This is then adjusted with the other personal income for the year. If the property is co-owned, then each co-owner must individually...
by adminaccountantcpa | Mar 23, 2021 | Audit, CRA
The Canada Revenue Agency (CRA) sends around 30,000 letters every year letting people know that they’re being audited. While this is just a fraction of the 27 million people who file their taxes, you shouldn’t assume that getting an audit notice is completely random....
by adminaccountantcpa | Mar 3, 2021 | Small Businesses, Tax Information
A Health Spending Account (HSA) is a self-insured health plan which can be arranged by employers for their employees. Small business owners spend a considerable amount of money every year on medical expenses for themselves and their employees. An HSA offers an...