Summer has drawn to a close, the children are settling down in school and university, and Ralston and Doreen are rearing to implement the new menus in the restaurant for the last four months of the year, to ensure that they meet the sales and profit targets set at the beginning of the year.
After tax season, one of the things we recommend to our clients is to set aside time to review their tax returns and start thinking about opportunities to improve their tax situations in the months and years ahead.
Being house rich and cash poor is absurd but, for many of us, the reality is that the end of the month means not enough cash inflow and too many outstanding expenses. Let’s face it, the costs of housing, childcare, and debt service have increased well over our take-home incomes in many cases.
Whether you like it or not, taxes affect all of us. In fact, it is probably the biggest household expense (assuming you have a decent job or business), yet most people do nothing to manage their taxes. Here are top 10 reasons why you may be paying too much in taxes.
Helping clients with business strategies, solutions, and motivation is my passion. I especially love helping clients plan and prepare before they start their own business or purchase an existing one.
One of the hardest things to do in the world is starting a business, of any kind.
Following the increase in activities in the Canadian real estate market over the last couple of years, the CRA currently has a significant audit initiative underway that will impact taxpayers buying and selling real estate.