Canadian enterprises sold almost $122 billion of goods and services over the Internet in 2012. This total was just over double the value of online sales in 2007, the last time a similar survey was conducted. Three sectors, manufacturing, wholesale trade and retail… {Read more}
Tag: bookkeeping
Why do you need a business plan?
A business plan is a valuable tool for every business owner, whether you are starting up, have been in business for years, or are ready to grow. Think of your business plan as a sales document. It must convince readers… {Read more}
$10,000 in fines for failing to file GST/HST returns
The Canada Revenue Agency (CRA) announced on May 21 that on May 15, 2013, Douglas W. Gray of Mississauga, Ontario, pleaded guilty in the Ontario Court of Justice in Toronto, to a total of 10 counts of failing to file… {Read more}
“Soft” Loans for Your Children
Parents quite often make loans to their adult
Tax Tip-Property Tax credit
Students who are 16 years of age or older and living on their own or
New Vehicle Log Rules
The CRA has substantially reduced the requirement to maintain a vehicle log
Tax Tip-Always File Your Return
Even if you can’t pay the taxes owing, always file
Padgett is Hiring!
Are you good with numbers, have experience with Microsoft Windows environment?
Tax Tip-Public Transit Pass
The CRA has introduced a non-refundable tax credit for taxpayers who purchase transit passes
Child Rearing Drop Out Provision
If your children were born after December 31, 1958, and your CPP contributions were reduced
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