by Webtax Webtax | Jul 9, 2018 | Uncategorized
What is Bookkeeping? Bookkeeping builds the basic foundation of any financial statement for a business. Without proper bookkeeping, your financial statement can easily be created wrong and in turn, you could be losing out on a lot of money at the end of every year.... 
by Webtax Webtax | Jun 29, 2018 | tax, tax planning
Tax planning is one of the absolute best ways you can ensure you pay minimal taxes at the end of the year. Everyone can benefit from tax planning, but those individuals who hold many assets or who run a business can benefit the most. The difference between... 
by Webtax Webtax | Jun 29, 2018 | small business tax accountants, tax, tax planning
There have been many cases when individuals file their tax return and after filing it they realize they made one or more errors regarding the numbers they submitted. If you have made a mistake you do not have to panic or worry. The CRA is very open to... 
by Webtax Webtax | Jun 29, 2018 | small business tax accountants, tax, tax planning
Tax evasion and tax cheating are considered serious crimes in Canada. If you get caught with false information on your tax return which has been clearly fabricated intentionally then you will be forced to pay hefty fines and depending on how severe the fabrication was... 
by Webtax Webtax | Jun 29, 2018 | chartered accountants in Canada, small business tax accountants, tax, tax planning, Uncategorized
If you own a business there are many tax deductions you are eligible for. Most business owners are aware that they can claim a few tax deductions, but the majority of them are not familiar with the different deductions which are available for them. There are many... 
by Webtax Webtax | Jun 28, 2018 | Accounting, small business acounting, small business tax accountants, tax, tax planning
Life can be very hectic and between work and the family, it really can become very difficult to find some spare time to take care of even the most important things; such as your taxes. However, it is absolutely essential that you file your taxes on or before... 
by Webtax Webtax | Jun 28, 2018 | Accounting, small business acounting, small business tax accountants
Your personal tax information needs to be guarded for obvious reasons. The last thing you would ever want is for your financial information to get into the hands of the wrong person. For this reason, it is absolutely essential that you only indulge in financial... 
by Webtax Webtax | Jun 27, 2018 | Uncategorized
When it comes to deciding what category your company stands in, the last thing you would want (for the sake of tax deductions and benefits) is to be placed under the category of a ‘personal services corporation’. First of All, What is a Personal Services... 
by Webtax Webtax | Jun 27, 2018 | small business acounting, small business tax accountants
Getting your accounting needs and tax necessities taken care of over the phone or through an online appointment is a dream come true for those individuals who opt to go for this route. Of course, it is always nice to meet your chartered accountant in person and have a... 
by Webtax Webtax | Jun 26, 2018 | small business tax accountants, tax, tax planning, Uncategorized
Personal finance experts all agree that taxes are incredibly complicated and if you want to take the maximum amount of benefit that you possibly can with regards to deductions and benefits then you really need to consult an expert when filing your taxes. There... 