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small business taxes and accounting

Did you know ...

Canada Revenue Agency>>

Do your tax returns online. You’re pretty Internet savvy. Or over the phone. If they’re simple enough. If not, call a pro. You’ll be glad you did.

... put tax planning off till tomorrow. Those who are financially proactive generally succeed. Plan and stick to it.

First time home buyers are eligable for a $750.00 non-refundable tax credit.

www.cra.gc.ca/hbtc

 

You can claim a non refundable tax credit of up to $75/child for fitness programs.

Everywhere, everyone is encouraging Canadians to take advantage of Canada’s Economic Action Plan tax breaks. Our government has put together some tax breaks designed to stimulate the economy into recovery.
Will it work? That remains to be seen. In the meantime, I would strongly encourage all Canadians to take advantage of every break they’re entitled to.

Make sure you don’t miss any of the deductions you’re entitled to.

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