Blog
by Admin | in Blog | 0 comments
COVID-19 has caused many individuals in Canada to start a home-based business or “side gig” to accompany their primary source of income. Our team from Budget Accounting performs professional Accounting in Richmond Hill services, and we are here today to share with you the potential tax deductions that one may be applicable for when speaking of home-based enterprises. In this […]
Read more
by Admin | in Accounting Tips and News | 0 comments
As a small business owner, have you established the most effective way to manage your payroll? This task can be a time-consuming responsibility with a great deal of pressure attached to it. Our team at Budget Accounting is here to make this process easier for you. With a few proper tips and techniques from our Accounting in Richmond […]
Read more
by Admin | in Accounting Tips and News | 0 comments
Small business owners should not get wrapped up with accounting and financing operations – when this happens, it’s a good indicator that it’s time to outsource the bookkeeping. Our team at Budget Accounting provides Accounting in Richmond Hill services and we would be happy to take the bookkeeping operations off your hands. If you are considering outsourcing, read through […]
Read more
by Admin | in Blog | 0 comments
If you are not aware or familiar with vacant home tax, our team at Budget Accounting is here today to fill you in on what you need to know. The goal of implementing a vacant home tax is to increase the supply of homes by deterring unoccupied residences. To continue reading what our Accounting in Richmond Hill team has […]
Read more
by Admin | in Tax Tips and News | 0 comments
Even though you may think you are not be required to file a tax return it may be advantageous to file if any of the reasons pertain to you: Filing a tax return is the simplest way to set up your contribution room for a Tax-Free Savings Account (TFSA). According to the Canada Revenue Agency […]
Read more
by Admin | in Accounting Tips and News | 0 comments
Running a small business can keep the owner very busy and the last thing they want is to have their taxes audited. Knowing the rules and regulations of the Canada Revenue Agency (CRA) and following a few simple recommendations will help owners avoid being audited. Keep Detailed Records Small business owners must be detail oriented […]
Read more
by Admin | in Tax Tips and News | 0 comments
Prime Minister Stephen Harper announced new measures to help make life more affordable for Canadian families. He was joined by Joe Oliver, Minister of Finance, Julian Fantino, Minister of Veterans Affairs, Candice Bergen, Minister of State (Social Development), and Stella Ambler, Member of Parliament for Mississauga South. The proposed new measures include: The Family Tax […]
Read more
