A defined cash benefit plan is a pension plan which allow you to make contributions that are tax deductible up to a maximum amount. Contributions which are allowed are often dependent...
Posted by rinehimerbaker on 03/01/2018
Determining how much money you will need to live comfortably when you retire is the basic premise of retirement planning, and it really shouldn't be any more complicated than...
Posted by Omni Fidelity Associates on 02/08/2018
Making charitable donations is one way to reduce taxes. Donations can be used as tax deductions for taxpayers who choose to itemize deductions instead of taking the standard deduction....
Posted by Lone Star Tax Group on 12/20/2017
Whether we are working at a job or building our own business, we always want our money to grow. One great way to do so is investing the money we earn. But it is important to understand...
Posted by The Accounting and Tax on 12/16/2017
For many small businesses, the ability to spend large amounts of capital for upgrades or replacing equipment might be limited. Therefore, a business owner might look for capital at...
As a small business owner, you handle multiple responsibilities on a daily basis. One area where you can reduce your load is by hiring a CPA or accounting firm. These firms can ease...
Posted by MVW Services on 06/25/2016
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
Saving for your retirement is one of the best things that you can do for your future. Everyone wants to have some time to themselves in later years. They would like the opportunity...
When most of taxpayers think of trusts, they typically are associated with those high income earners and not the average middle class family. Yet trusts can provide a vast number of...