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Chartered Accountants (CA), Certified General Accountants (CGA) and Certified Management Accountants (CMA) merge in 2013.
It’s time to estimate your income to take advantage of any tax deductions that may be coming to you.
You will need to keep your business records in case of an audit of GST/HST, payroll or taxes.
Depending on the kind of business, the corporate tax rates are currently lower than the lowest personal tax rates.
Columnist Gabriele Banka says there are benefits for consumers of dealing with someone with a professional designation.
Professionally designated accountants are required to follow a strict code of ethics.
Once you meet with the accountant, you will be asked to sign an engagement letter usually before any work commences on the file.
Kelowna has many small businesses but very few large employers.
Why someone might purchase only the assets of a business is to avoid adopting the tax problems of an incorporated business.
There are a number of assets that are used on the balance sheet to indicate the health of your company.
Accountants sometimes require non-financial information before submitting a business client's tax return.
Now that we are in the middle of tax season, I thought I would bring everyone up to date on the changes for this year.
Continuing with the theme of the life of a corporation, this installment addresses some of the reporting requirements.