by Vinay Khosla, M.Acc., CPA, CA | Apr 19, 2018 | Blog, General Tax Advice
Prior to 2016, reporting the sale of a principal residence was not required on your personal income tax return. With increased CRA scrutiny in this regard, sales of principal residences must now be reported or you could be assessed penalties of as much as $8,000. If...
by Vinay Khosla, M.Acc., CPA, CA | Apr 16, 2018 | Blog
How does an audit work? In 2016-2017 alone, there were over 20,000 small and medium enterprise audits conducted by the Canada Revenue Agency. Companies can be audited for any number of reasons including reviewing the financial information you have submitted to the CRA...
by BateMac | Apr 2, 2018 | Accounting Services, Advice for Business Owners, Blog, General Tax Advice, Personal Tax Advice, Your Business Need
BETWEEN THE NUMBERS 2018 Ontario Budget Overview – What you Need to Know The Provincial Government’s 2018 budget was tabled on March 28, 2018. The budget anticipates a surplus of $.6 billion for 2017-2018 followed by deficits of $6.7 billion and $6.6 billion for...
by BateMac | Mar 28, 2018 | Blog, Company News
We had a great evening at the 23rd Annual Oakville Awards for Business Excellence (OABE) last night. It’s always nice to spend time with other members of the local business community and celebrate each other’s achievements. Thanks to our guests for...
by BateMac | Mar 14, 2018 | Blog, Personal Tax Advice
Personal tax credits and amounts are consistently changing from year to year. Please reach out to Bateman MacKay LLP with any questions you may have about these changes. Here is an outline of what may impact your personal tax return for calendar 2017: Tax Credit...
by BateMac | Mar 1, 2018 | Accounting Services, Advice for Business Owners, Blog, General Tax Advice, Personal Tax Advice, Your Business Need
BETWEEN THE NUMBERS 2018 Federal Budget Overview – What you Need to Know The Federal Government’s 2018 Budget was tabled on February 27, 2018 and substantially reduced the projected annual deficits through 2022–23 and expects the net debt-to-GDP ratio to decline...
