By Liz O'Dowd on May 29, 2013 
Leave a comment
Any person (individual, partnership, corporation, trust, etc.) carrying on a business must keep books of accounts and records which provide the ability to calculate taxes payable. These books and records must be supported by “source documents” which substantiate the amounts… {Read more}
By Liz O'Dowd on May 29, 2013 Leave a comment
Jim Flaherty, Minister of Finance, on May 27, 2013, urged Canadians to take advantage of the Harper Government’s new First-Time Donor’s Super Credit and donate to a charitable organization. Speaking at Lutherwood, a not-for-profit health and social service organization serving… {Read more}
By Liz O'Dowd on May 29, 2013 Leave a comment
The Bank of Canada announced on May 29, 2013, that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent…. {Read more}
By Liz O'Dowd on May 29, 2013 Leave a comment
On May 28, 2013, Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today welcomed the news that the Organisation for Economic Co-operation and Development (OECD) has reaffirmed Canada as one of the top places to live… {Read more}
By Liz O'Dowd on March 20, 2013 Leave a comment
If you are filing your tax return electronically, you don’t need to send the Canada Revenue Agency (CRA) your information slips or other supporting documents. However, it is important that you keep all your documents for six years in case… {Read more}
By Liz O'Dowd on March 20, 2013 Leave a comment
Ottawa, Ontario, March 15, 2013… The Canada Revenue Agency (CRA) will revoke the registration of Marketplace Ministries International, a Scarborough-based charity. The notice of revocation will be published in the Canada Gazette with an effective date of March 16, 2013…. {Read more}
By Peter Kupovics on October 11, 2011 Leave a comment
Keeping your records on hand makes it easier
By admin on March 18, 2009 Leave a comment
The Canadian government requires all businesses to keep