Tag Archives: tax

Small Businesses Not Using Accountants Complete Skills

update

A majority of small businesses that use outside accountants are engaging them only for specific services and support, according to the web-based survey of 472 small businesses. The business owners who use outside accountants rely on them most for accounting services (76%), bookkeeping services (49%) and tax support (46% personal; 43% business tax compliance; and 43% corporate tax). A minority

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Tax & Taxpayers – Final Thoughts for T1s

time to do taxes, T1

RRSP Contributions – just because a taxpayer has made an eligible contribution is no reason to automatically claim the deduction.  If a contribution takes a taxpayer into a lower tax bracket – consider not claiming all of the contribution and using it next year against higher taxable income. Rollovers – Remember that theT2057 is an election for the deemed proceeds

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