by mrtaxes | Sep 18, 2019 | Uncategorized
We don’t mean to be biased because we are accountants, but it’s the truth. If you have a car, you hire a mechanic. If you have teeth problems, you see a dentist. Likewise, business owners should hire an accountant to help with their bookkeeping and tax work....
by mrtaxes | Aug 2, 2019 | Uncategorized
WHAT IS A TAX-FREE SAVINGS ACCOUNT (TFSA)? Starting at the age of 18, all Canadians with a valid SIN number can open and contribute to a TFSA. Any amount added to the account and income gained is tax-free, but contributions are not income tax deductible (unlike...
by mrtaxes | Jul 29, 2019 | Uncategorized
You finally made up your mind. You’re going to enter a franchising agreement and own your own business. But that is a lot to take on, and you’re probably going to doubt yourself. Several times. But you can relax, as we have compiled the best advice to ensure that your...
by mrtaxes | Jul 25, 2019 | Uncategorized
WHAT IS FINANCIAL PLANNING? Financial planning involves looking at your current and projected future income in combination with your current and future financial goals to develop a strategy to effectively allocate your cash flows. This plan incorporates your financial...
by mrtaxes | Jul 9, 2019 | Uncategorized
We all want to increase our wealth, yet somehow giving up lattes and eating out never seems to last more than a month. Eventually we realize that the saving tips provided by endless books and websites are simply ineffective and we revert to our old ways of spending....