Unknown realities that the new tax changes will bring forth in Ontario

By  James Volmer |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, Tax consultant "

new tax changes in Ontario


There were plenty of changes courtesy of the Trudeau government that were to be put into effect in 2016/2017. On 7th December, Ontario updated the new tax changes which were officially released by Bill Morneau, the Finance Minister

Are you one of the thousand of canadians whom file their taxes late?

By  James Jmj |   | Posted in " Ontario, London "

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Thousands Of Canadian Taxpayers File Late. What Can They Do? Another tax season has come and gone. Are you one of the thousands of Canadian taxpayers who owe and have not filed their 2012 tax return by the April 30th deadline? The late penalty CRA can assess is 5% + 1% per month, yes per month not annual, of the balance owing that the is return is late. But take heart; there is some relief for you out there. Unless you are self-employed or deceased, the filing deadline for your 2012 personal income tax return was mid-night April 30, 2013. Self-employed individuals……