by accnetadmin | Jan 23, 2021 | Uncategorized
Firstly, what does RRSP stand for? It stands for a registered retirement savings plan. It is some of the most common types of tax-deferred accounts, which means the tax payments can be postponed and paid until the deadline reaches for to pay the taxes. RRSPs were...
by accnetadmin | Jan 23, 2021 | Uncategorized
During these challenging and trying times with the unemployment rates going high, it’s getting quite difficult to cope with the living expenses for a huge population around the globe. As a result, the federal government has introduced some new incentives and benefits...
by accnetadmin | Nov 25, 2020 | Documents
A common question among people who are approaching their retirement years is when should they start receiving Canada Pension Plan (CPP) benefits? The amount of the CPP benefits that you will receive is based on your average earnings throughout your working life, your...
by accnetadmin | Nov 25, 2020 | Personal Tax Return
Help! I haven’t filed a personal tax return in a few years and don’t know where to start! Myth: Everyone files their taxes on time As accountants we would love to believe that everyone’s first priority is their taxes and they would never let a year go by without...
by accnetadmin | Nov 25, 2020 | Corporate Tax Return
2020 has been a difficult year for most of us. The closure of international borders and social distancing to curb the spread of COVID-19 has had a devastating effect on the world’s economies. Many Canadians have lost their jobs or have seen their businesses contract...