A recent request for assistance in our Bracebridge Accounting office brought home the requirement to keep records. The client was being audited by CRA for a sale of the business which took place in 2006. CRA also had a garnishee … Continue reading →

1. Saves gas 2. Helps keep the local economy flowing 3. We are part of a small community and our service is personal but confidential 4. We are up to date with all the tax changes for 2010 5. We … Continue reading →

There are several good reasons to file your taxes on time. Some are emotional, some are logical, some are financial and some are legal.  1. You will know how much you owe the CRA There is a sense of peace … Continue reading →

We are ready for tax season. We’ve studied the new items for 2010, updated our software and refreshed our skills for the upcoming rush. Bring your taxes in to us on or before Friday April 15, 2011, and write a … Continue reading →

There comes a time in every small business owners life when they want to sell the business and retire. A business owner who has consistently made a profit and therefore paid taxes is more likely to receive a higher price … Continue reading →

This payment was called the small business transition support payment. Businesses with with taxable revenue of 60,000 or less for the preceding 12 month period received $300 and businesses with taxable revenue over 200,000 received $1,000. And yes,the small business … Continue reading →

There comes a time in every person life when they need to borrow money from the bank. You may need a mortgage to buy a home or a commercial building. A business owner may need a line of credit to … Continue reading →