Cloud Hari: What There Is To Know
What Is Cloud Computing? Today, the impact of globalization, the rise of big data, rapid advances in technology and widespread internet-based applications have all paved way for the emergence of cloud computing. Known as the delivery of on-demand computing services over the internet, on a pay-as-you-go basis, businesses or organizations can be able to rent […]
How Does A Tax-Free Savings Hari Work In Ontario
It is important to establish that a Tax-Free Savings Account remains non-taxable. With this account, it is easier for the citizens of Canada to save concerning future financial needs. The TFSA program came into existence in 2009 for the reason of helping Canadians who are eighteen or older to save money. Canadian taxpayers with a […]
Top 5 Small Business Hari Tools to Use Online
Accounting can sometimes be a time-consuming task for many small business owners, although it’s necessary for tracking, managing, and optimizing a business’ growth over time. As time goes by, the need of investing in a small business accounting software to manage all cash flows and tax preparation arises. From invoicing to bookkeeping to tracking expenses, […]
Why Do You Need to Hire An Hari to File Taxes
The biggest question people ask when it comes to filing their taxes is whether they should hire someone to do their taxes. Hiring an accountant for taxes is a great way to help yourself out, and it provides more benefits that you may not have known about. Doing your own taxes can help you save […]
Tips On How To Avoid CRA Scams
In the era of mobile phones and vibrant internet, frauds are bound to be committed often. CRA scams are quite a number and they keep evolving with time. Taxpayers should always be alert when they receive communication purporting to be from the Canadian Revenue Agency. They should be more skeptical when in such communication, they […]
Notice to Reader Financial Statements
If you have ever applied for a bank loan or sought investors for your company, you may be familiar with Notice to Reader financial statements. Notice to Reader, or NTR, financial statements, are a requirement for a number of financial activities that could affect a business. Reporting finances to shareholders at year-end, seeking new investors, […]
What is the GST / HST Credit?
When purchasing goods and services in Canada, you are often charged with an additional amount on top of the cost of the item or service. This additional charge is the GST / HST, a federal sales tax. The standard amount for GST is 5%, while some provinces combine this with provincial tax in a Harmonized Sales […]
Self Employed Tax Return and Tax Forms
A self employed individual in Canada is one who operates their own business that is not registered as a corporation. Instead of receiving wages from a company as employment income, a self employed individual receives business income as their own income. As a self employed person working and living in Canada, there are a number […]
Simple / Basic / Easy Bookkeeping Software 2021
Good bookkeeping is essential to a business’ success. Keeping track of finances, expenses, invoices, and payroll is key for managing cash flow and making sure your costs are under control. The best bookkeeping software can help you stay on top of your business finances more effectively. But bookkeeping software is useless if it is too complicated for you […]
What is the Dividend Tax Credit Canada?
If you are a shareholder in a Canadian corporation, you will be very familiar with dividends. Depending on the company and stock options, dividends may be paid out quarterly or annually and can have a significant impact on an individual’s annual income. Navigating the Canadian Dividend Tax Credit can be complex depending on an individual’s […]