Any business owner that is running QuickBooks 2008 or earlier, an important message from Intuit Canada. AS OF MAY 31, 2011 live technical support and business services will be discontinued for QuickBooks 2008 Support Throughout March and April, we’ll be contacting QuickBooks 2008 customers to prepare them for this change. Why We Discontinue Support for [...]
Read More... And the series of Tax Tips continues…this week’s information will be helpful to those individuals who purchased a home for the first time. This tax credit was introduced in 2009 and is completely independent from the Home Buyer’s Loan program by CRA. If you are a first-time homebuyer, a person with a disability, or an [...]
Read More... Tax Tip #4 in our Series of Tax Tips…. A new change came into place in 2010 which affects the medical and dental expenses which can now be claimed for tax purposes. Medical or dental services or related expenses which are provided for purely cosmetic purposes are no longer eligible medical expenses for purposes of [...]
Read More... Here is the next tip in our series of Tax Tips. There is usually an added benefit if payments for charitable donations for two years are grouped into one year. This is due to the fact that the first $200 of donations is eligible for a 15% federal non-refundable credit in 2010 while the excess [...]
Read More... The RRSP Deadline for 2010 was March 1st, so if you haven’t already contributed, you can’t for last year. But this year is a whole other story…. For business owners, an RRSP is your only pension fund. There is no large corporation ensuring you have funds at your retirement. You are that corporation and RRSP contributions are […]
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