Beyond the Balance Sheet: Smart Strategies for Financial Success
We go beyond the numbers to provide clarity, strategy, and peace of mind. Whether you're a business owner, investor, or individual looking to optimize your finances, our expert insights help you navigate tax planning, financial reporting, and strategic growth with confidence. Let’s turn complexity into opportunity—one number at a time.
RRSP or TFSA?
A Registered Retirement Savings Plan (RRSP) was, prior to 2009, seen as the best way taxpayers could save for their retirement. However, once Tax-Free Savings Plans (TFSA) were introduced, individuals …
Pre-Authorized Debit Agreement with the CRA
If you have a balance owing for your 2016 income taxes, you can now authorize CRA to withdraw the funds from your bank account, on a specific date by providing …
Reporting the Sale of Principal Residence
On October 3, 2016, the CRA announced a requirement to report the sale of principal residence by a taxpayer. Previously, if the property was a taxpayer’s principal residence for every …
Express Notice of Assessments Available to E-Filers
The CRA has introduced a new service for E-Filers to be able to receive Notice of Assessments or Reassessments directly within 24 hours of filing an individual’s tax return. Taxpayers …
Quarterly Remittance Option for New Small Business Owners
In prior years, a new employer was required to make monthly remittances to the CRA for their employees’ source deductions. Applicable for 2016 and subsequent years, eligible new small employers …