For many business owners, paying taxes is a very touchy subject that many would rather not discuss or even think about. The simple reason is that tax planning is complex, which causes...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/12/2018
As a business owner, there may come a time when you need financial support from an outside source to keep your business afloat. If you're a budding entrepreneur, you may need...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/18/2018
After the Equifax breach, your customers, clients, and employees may be coming to you with questions. Some people are considering placing a fraud alert on their credit file. Others...
Posted by Emelia Mensa CPA on 12/13/2017
Have you been making huge profits in your real estate but you don’t get to enjoy them? You have no idea where all your money goes when it’s tax time? Think. Have you been planning...
Sometimes we take it for granted but the truth is that the more tax deductions you can legitimately get, the lower your taxable profit will be. So, the goal should be to get as many...
Tax season sends everyone into a frenzy. In the hustle bustle of our daily lives, we often forget about the taxes we have to pay until the return forms are handed over to us. From...
Tax fraud is a common phenomenon. It happens every year. Fraudsters are there in every field, similarly there are tax fraudsters who are constantly looking for ways to steal your personal...
The following items are not included in income of taxpayer for a taxation year: Amounts declared to be exempt by legislation of the Parliament of Canada (s. 81(1)(a)) Amounts received...