Here is an interesting video on YouTube .. * YouTube Description The new year is right around the corner – which means it’s almost time for taxes again. Watch this video for tips on making sure you’re prepared for the 2010 tax filing season. Source:
The following is now available on the CRA Web site: News release Vancouver, British Columbia, August 27, 2007… Michael Wolfe was sentenced today by the Supreme Court of British Columbia after being convicted on April 20, 2007, of seven counts of Goods and Services Tax (GST) fraud and failure to remit GST. Wolfe was sentenced to two years less a day in prison and fined $6.9 million. A Canada Revenue Agency (CRA) investigation found that between 1996 and 1998, Port Chevrolet Oldsmobile Ltd. (Port), and its Director Michael Wolfe, received or attempted to receive $8.1 million in GST refunds as [More] Income tax preparation company Softron discusses taxes.
* IT SEEMS THAT I AM NOT ALONE! – Received 15,911,443 .. Expected 25,800,000 >> That’s less than 62% of Canadians have filed by April 26th .. 4 days before the deadline. .. Generally, that’s been my experience in Public Practice that almost 1/3 of the tax returns are done in the last days .. just like it is with me personally this year! ~~~~~~~~~ The following is now available on the CRA Web site: Ottawa, April 27, 2007… The Canada Revenue Agency (CRA) would like to remind Canadians that they have until midnight Monday, April 30, 2007, to file [More]
Bookkeeping is definitely not an easy task, especially when you don’t have an idea of accounting tasks. If you are facing trouble while managing your bookkeeping work, then Check out here how you can divide your bookkeeping tasks into several segments. If you have any query regarding #bookkeeping then Call/E-mail us at +1 6466882821/ Web:
Latest phone scam – Canada Revenue Agency – LOL . Sorry for the low volume. This call came in to my work cell phone. I like the part where they say “get you arrested”. Don’t fall for these idiots! Do not answer calls you do not recognize.
The 2016 Search for the South’s Funniest Accountant was a huge success with over 800 in attendance. To date the Funny Accountant movement has raised over $275K for Junior Achievement of Georgia. This year’s show was celebrated on International Accounting Day and was well attended by the Accounting and Finance community in the Atlanta area. Steve Martin is a Tax Manager with Pate and Company, LLP. He was the winner of Accountants One’s, Search for NC’s Funniest Accountant and brought his hilarious sense of humor with him all the way from Raleigh. Steve was crowned the 2nd Runner-up. Way to [More]
News release Ottawa, Ontario, November 24, 2006….The Canada Revenue Agency (CRA) today took serious exception to allegations that it treats some taxpayers unfairly. The CRA clarified its application of the mandatory bank remitting penalty to enforce timely remittance of source deductions to the Government of Canada. The Income Tax Act requires employers whose monthly source deduction remittances exceed $50,000 make their payments at a financial institution by the business day they are due. This is to ensure that the payments are immediately credited to the Government of Canada. Some employers have been making their remittances directly to the CRA, with [More]
Video describes what is needed in your estate plan in the digital age
There is GST/HST tax added on all product Sales of Water in Canada. Canada Revenue Agency has published an “Info Sheet” to clarify how the Goods and Services Tax or Harmonized Sales Tax applies to sales of water. * Taxable: Is 6% GST or 14% HST added to the sale price (“tax added”) * Zero-Rated Tax: Is 0% GST or 0% HST added to the sale price (“no tax added”) * Exempt Tax: No GST/HST is added to the sale price (“non-taxable”) In General … * The supply of basic groceries, which includes most food and beverages marketed for human [More]
Views on the technological disruption in the accounting and bookkeeping industry.
We have just opened up for public submissions additions to our *NEW* and *FREE* Directory Listing … sponsored by our newest addition to the HART-Empire Network … 62-151 Media Group. All submissions are manually accepted and approved by a human being [by me .. HART (1-800-HART)], to avoid spam and splogs from appearing in the list. We will be placing links in most of our sidebars, and invite anybody with a blog or website to come and include their site in our Free-For-All Directory Listing. I should note that if you are using (the much superior i.m.o.) Internet Explorer v7 [More] – We provide affordable outsourced accounting and Corporate Secretary Services in Florida so that you can focus on your mission and growth. Call 305-396-1415 today or visit our website.
[RAMBLING ON] I was looking at my Year-To-Date (YTD) fees and invoices this year until the end of June 2007. Here is the breakdown of my billings to June 30th – by type: 16.57% – Monthly Bookkeeping and related services (EPD, PST, GST, etc) 63.57% – Year-Ends, Notice to Readers, Consultations, Systems and Training >>> subtotal – 80.14% 19.86% – Personal Income Tax Preparation >>> total – 100.00% (before my online earnings) My Thoughts – Tax Preparation Time-wise – with the learning, the tax research, the tax forums, the tax software updates, Canada Revenue site reading of updates, and the [More]
At Flagship Accounting we strive to ensure the needs of all our clients are met. Where “EVERY” client matters – is our motto. We mean that. Whether you have a simple tax return to be done or day to day bookkeeping needs, we treat every client with respect and ensure you get the premier service from the moment you arrive.
It was with great sadness that I learned of the passing of one of Canada's premier saxophonists, Paul Brodie.
The following is now available on the CRA Web site: Fact Sheet Each year, certain personal income tax amounts are indexed to inflation using the Consumer Price Index data, as reported by Statistics Canada. Increases to tax bracket thresholds, personal amounts and other amounts relating to non-refundable credits, as well as the refundable medical expense supplement and Old Age Security repayment threshold, will take effect as of January 1, 2008. Increases to the Canada Child Tax Benefit (including the National Child Benefit supplement and the Child Disability Benefit) and the Goods and Services Tax Credit will take effect as of [More]
I added another PowerPoint Slideshow to my existing blog entry .. HERE .. in case you are interested in seeing a slideshow about the Top Ten Worst Women Drivers … (pictures to prove it!)
The following is now available on the CRA Web site: The Canada Revenue Agency (CRA) is experiencing electronic system difficulties that prevent the public from accessing some electronic services for personal returns such as NETFILE, TELEFILE and EFILE. We have temporarily shut down public access to these electronic services to ensure the integrity of taxpayer information. Update: The Commissioner of the CRA, Michel Dorais, today confirmed that the cause of the problem has been identified and a solution is being implemented. “After identifying the problem and the solution,” said Mr. Dorais, “we now have a clear recovery strategy that we [More]
From: Subject: New Finance Canada document notification Date: Fri, 13 Oct 2006 08:51:37 -0400 The Honourable Jim Flaherty, Minister of Finance, to Address Canadian Institute of Chartered Accountants Tax Symposium The Honourable Jim Flaherty, Minister of Finance, will be a guest speaker at the Canadian Institute of Chartered Accountants Tax Symposium on Monday, October 16, 2006. Minister Flaherty will discuss the steps Canada’s New Government is taking to reduce the tax burden and create a more competitive tax system for Canadian families and businesses. The event will take place at 8:30 a.m. in Confederation Ballroom 2 and 3 of The [More]
Heads up from: The Blog Herald TIP #1 – Do NOT hire lawyers who do stuff like this … Read BoingBoing’s blog .. Hideous company sends Boing Boing a pre-emptive nastygram … Baker & McKenzie, be on alert: henceforth, Boing Boing will be actively monitoring your website to identify dumbass activity and will, if necessary, take appropriate action to point out instances of wasting clients’ money by sending out unnecessary and obnoxious warning letters.” (Thanks, Scott!) That’s funny. Go Get ’em BoingBoing! NOTE: My father-in-law is quite interested in watching FIFA World Cup “live” and following all the action .. [More]
The following News Release or Speech has just been posted on the Finance Canada Site. Ottawa, December 14, 2007 2007-101 The Honourable Jim Flaherty, Minister of Finance, today announced that Bill C-28—the final 2007 budget implementation bill—has received Royal Assent, providing further tax relief for individuals, families and businesses. This bill enacts into law measures included in Budget 2007 and the 2007 Economic Statement. “Our government is establishing a proud legacy of tax relief for all Canadians,” said Minister Flaherty. “Since coming to office nearly two years ago, we have reduced the overall tax burden by about $190 billion, bringing [More] In this video the income tax preparation topic of Medical expenses will be discussed.
2000 bloggers … 31 days of August … 65 links per day! … Enjoy~ MEET THE 2kBLOGGERS
The following is now available on the CRA Web site: Did You Know … That as a student, you may be able to claim a tax credit for the tuition fees you paid for post-secondary level courses you attended during the year? You may also be able to claim an education amount of $400 as a full-time student and $120 as a part-time student for each whole or part month you were enrolled in a qualifying program. In addition, you may be able to claim the proposed non-refundable textbook credit to help with the cost of your textbooks. You may [More]
WASHINGTON, D.C. — The Honourable Lawrence Cannon, Canada's Minister of Transport, Infrastructure and Communities, and Mary E. Peters, Secretary of Transportation at the U.S. Department of Transportation, are pleased to announce the completion of the Great Lakes St. Lawrence Seaway Study (GLSLS).
Lagos State Internal Revenue Service Ultimatum To Tax Payers. For More Info Visit
The following News Release or Speech was posted on the Finance Canada Site on February 6, 2009 Ottawa, February 6, 2009 2009-016 The Honourable Jim Flaherty, Minister of Finance, today introduced legislation in the House of Commons to implement key elements of Canada’s Economic Action Plan. “Our action plan leverages Canada’s strong economic fundamentals to stimulate economic growth, restore confidence and support Canadians and their families through the current global recession,” stated Minister Flaherty. “Our plan will see Canada emerge from this recession on a sustainable fiscal footing, with better infrastructure, a more skilled labour force, lower taxes and a [More]
This video is all about bookkeeping and accounting. Is there really a difference between bookkeeping and accounting. Short answer is YES. Numbers not making sense? Schedule an accounting clarity call. My Business page: Don’t forget to subscribe to my channel for my Wave Tips and Tricks! If you want to check out Wave Train, hop on over Can’t get enough of me on YouTube, follow me on: Facebook: Instagram: #smallbusiness #tax,#bookkeeping,#Wave apps #Wave Accounting #bookkeeping -~-~~-~~~-~~-~- Please watch: “How to fill out schedule C if you’re self employed 2017” -~-~~-~~~-~~-~-
I’m just curious .. that’s all UPDATE: By the way .. there’s a button in the top right of the sidebar .. that’s what this poll is about
The following News Release or Speech has just been posted on the Finance Canada Site Release at 8:15 a.m. EDT Ottawa, May 3, 2007 2007-040 The Department of Finance announced today that Canada’s official international reserves increased by an amount equivalent to US$874 million during April to US$40,183 million. ….. READ MORE IF REALLY INTERESTED IN THIS TYPE OF STUFF: At Dept of Fin Site Previous Reports