Tax Services | T2 Filling
A T5 slip reports dividends paid by a Canadian corporation to its shareholder(s). In order to prepare a T5 slip, you must follow steps below. What is a T5 Slip? A T5 slip reports dividends paid by a Canadian corporation to its shareholder(s). Preparing a T5 Slip In order to prepare a T5 slip, you…
A limited liability company (“LLC”) is a common type of entity used by U.S. persons investing in or operating a business in Canada. While it may not be optimal many Canadians use LLC’s to invest in or operate a business in the United States. LLC’s can be created in a number of States and may…
When COVID-19 struck, many employers quickly switched to a work-from-home model for their employees. Many of them began working in a province other than where their office was located. While some workers have returned to their offices, as the pandemic drags on, more offices continue to work remotely with no back-to-office dates in sight. If…
T4A, we are talking about T4A Statement of Pension, Retirement, Annuity, and Other Income, not T4A(P) – Statement of Canada Pension Plan Benefits,or T4A(OAS) – Statement of Old Age Security or T4A-RCA Statement of Distributions from a Retirement Compensation Arrangement. A T4A slip is a Canada Revenue Agency (CRA) form that summarizes all compensation your…
No sure if you received an email from Google, regarding Google Suite Legacy Free plan will be end at July 1, 2022. It is sad, but it is time to say goodbye. But the next question is whats your choice? upgrade to paid plan, the cost would be $7.80 CAD/month/user. This cost could be huge…
Read More “It is time to say goodbye – The End of Free Google Business emails” »
Cryptocurrencies and other digital assets are rapidly becoming mainstream, attracting significant attention not only from individual investors but also from businesses, financial institutions, and governments worldwide. Despite their increasing popularity, the financial reporting and accounting treatment of crypto assets remain difficult to align with traditional accounting frameworks, creating uncertainty for both individuals and corporations. As…
Read More “A Quick Guide to Bookkeeping For Cryptocurrency” »
Web design encompasses many different skills and disciplines in the production and maintenance of websites. The different areas of web design include web graphic design; interface design; authoring, including standardised code and proprietary software; user experience design; and search engine optimization. Often many individuals will work in teams covering different aspects of the design process,…
Do you runing an economical website, and Paypal requires you to have a US-domiciled business bank account because that’s they only way they’ll deposit funds electronically from their credit card solution (PayPal Pro for Business) when people purchase products in the US. So what you need are: low cost USD business account domiciled in the US…
Do you need business cheques for your day to day operation? And do you find the price you ordered business cheques from your bank is way to high? Here are some recommendation might help you to save some bucks, we could help you get reasonably priced cheques that would be approved by the Candian banks…
How Investment Loans Work & How They Help Reduce Taxes (Without the Marketing Hype) If you’ve been on YouTube recently, you may have seen ads promoting “Investment Loans”—often presented as an easy way to grow your wealth. The concept itself is legitimate, but advertisements rarely explain how this strategy actually works, when it’s appropriate, and…