Ministry of Colleges and Universities require all truck driving schools to renew their registration annually. Normally, the registration is due within six months of the year end date. For example in case the year end is Dec 31 2023, the last day to apply for renewal is June 30 2023 on PARIS. Please contact me…
It is important to file accurate and timely HST and corporate tax returns. To ensure continuous success in the business, Tax compliance is a must. In addition, the role of government in business has increased in the last two years. The government has become very bossy and in case of failure to meet the compliance…
Lack of sales records, Income received at odd times of day, Lack of assets or supplies, Staff costs, Loans and bridging loans.
Some fraudsters are using COVID-19 as a cover to launch new underhanded schemes to separate Canadians from much-needed funds. PROTECT YOURSELF WITH THESE TIPS FROM CPA CANADA: 1. Strengthen your passwords 2. Review your credit card and banking transactions at least once a month for illegitimate activities 3. Shred personal documents before disposing of them…
The banks are compelling the customers for E Statements CRA requires Paper bank statements with cheque images. Paper bank statements with cheque images are also required for accurate and timely accounting by your accountant. Always opt for Paper statements with cheque images for compliance with cra regulations and for better tax planning.
With the new mortgage rules coming into effect at the start of January 2018, it is imperative that the planning for the next year should be done in advance. The new mortgage rules require the minimum qualifying rate for uninsured mortgages to be the greater of the five-year benchmark rate published by the Bank of Canada…
Having your own business can be fantastic. Lots of creative ideas, a new found energy and positivity and an opportunity to make some great business decisions with potential financial reward! Of course, profits are vital to the success of your business as they help to fuel growth which leads to sustainable cash flows. Without them,…