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Tag Archives: accounting

How does capital gain exemption works and what you need to know – Demystifying Capital Gains exemptions

Demystifying Capital Gains exemptions I find that some of my clients are confused about the concept of Capital gains exemptions, They can’t fathom why they don’t have to pay taxes when they have sole their incorporations and made a substantial gain.  Well let’s explain it so there is no room for confusion. What qualifies as capital? […]

5 deciding features in selecting a professional to prepare your personal tax return (T1)

Consider these factors when you are looking for a tax professional, please get a professional to help you if your taxes are complicated. Education and training There are different levels of professionals who prepare tax returns. Some are CPAs meaning they are university graduates who have passed the rigorous CPA exams. None designated accountants who […]

Year end

Well, there are only a few days left to December 31, 2014 if that is the day for your end. If not, you still have time. A few things to consider, if you were contemplating purchasing as asset, do it now. Why, you may ask, because even though you have used it for a few […]