Author Archives: Ontime Accounting

What’s the use of saving money? (Accountant Woodbridge)

Posted on September 29, 2011 by Ontime Accounting

Why not borrow and invest to earning higher return since the banks are giving low mortgage rates on homes by Accountant Woodbridge. How years of ultra-low interest rates have punished savers, rewarded spenders, and now might be smothering any hopes … Continue reading →

Posted in Accountant Bolton, Accountant Brampton, Accountant Mississauga, Accountant Vaughan | Tagged RESP Brampton, Tax Accountant Brampton, Tax Accountant Woodbridge On, Tax Savings Brampton, Tax Savings GTA | Leave a comment

Moving Expenses you can deduct by Tax Accountant

Posted on September 28, 2011 by Ontime Accounting

You must first determine if you qualify to deduct moving expenses, either as an individual who is employed or self-employed or as a full-time student by Accountant Brampton. The difference in distance must be at least 40 KM closer to your … Continue reading →

Posted in Accountant Bolton, Accountant Brampton, Accountant GTA, Accountant Vaughan | Tagged Income taxes brampton, Tax Accountant Brampton, Tax accountant gta, Tax Accountant Woodbridge On | Leave a comment

Meal and vehicle rates used to calculate travel expenses by your accountant at brampton

Posted on September 28, 2011 by Ontime Accounting

Meal expenses If you choose the detailed method to calculate meal expenses, you must keep your receipts and claim the actual amount that you spent. If you choose the simplified method, you may claim a flat rate of $17/meal, to a … Continue reading →

Posted in Accountant, Accountant Bolton, Accountant Brampton, Accounting & Taxes | Tagged Accountant bolton on, Accountant Brampton, Accountant Vaughan, Accountant Woodbridge ON | Leave a comment

Sole proprietorships by Accountant

Posted on September 26, 2011 by Ontime Accounting

Advantages of Sole proprietorships The most common and simplest form of business is a sole proprietorship. Many small businesses operating in the Canada are sole proprietorships. An individual proprietor owns and manages the business and is responsible for all business transactions. … Continue reading →

Posted in Business registeration, Company registration, Corporation, incorporating, Setting up corporation | Tagged Company registration, Corporate Accountant, Good Accountant | Leave a comment

Pro & Cons of Incorporation by Accountant Vaughan

Posted on September 26, 2011 by Ontime Accounting

ADVANTAGES OF INCORPORATING 1. Limited Liability. Number one reason why most people incorporate their businesses! Creditors are only able to seize assets of the company to settle outstanding debts, Accountant Vaughan. Your personal assets are protected. 2. Status. Your customers … Continue reading →

Posted in Accountant, Accountant Vaughan, corporate tax, incorporating | Tagged Accountant Brampton, Corporate Accountnat, Corporate Tax gta, Incorporation Brampton | Leave a comment

Former Governor General Adrienne Clarkson still costing taxpayers money (Accountant Woodbridge)

Posted on September 24, 2011 by Ontime Accounting

See our hard earn dollar wasted to government staff salaries by Accountant Woodbridge. Adrienne Clarkson continues to be a drain on the pocketbooks of canadian taxpayers. The former Governor General, known for her extravagant spending habits, has billed taxpayers more than $500,000 … Continue reading →

Posted in Accountant Bolton, Accountant Brampton, Accountant Mississauga, Accountant Woodbridge | Leave a comment

The top 10 charities in Canada by CRA (Accountant woodbridge)

Posted on September 24, 2011 by Ontime Accounting

Be careful when you donate to charity and ensure your donation spent wisely by Accountant Woodbridge. Be aware of schemes of organizations that get you large amount of tax refunds. Something that is too good to be true usually isn’t true. Learn … Continue reading →