Small business hiring credited extended through 2012 (May 2012)
While it didn’t get a lot of attention in the coverage of the
2012-13 federal Budget (brought down at the end of March), one of
the budget announcements was definitely good news for the small
bu...
The high cost of driving—is there tax relief available? (May 2012)
As gas prices across Canada climb past the $1.30/litre mark, and
some predictions are for $1.50/litre (or higher) gas costs by the
summer, consumers are looking for just about any way to reduce
their ...
Fixing a mistake on your tax return … after it’s filed (May 2012)
By now, most Canadian taxpayers (except the self-employed and their
spouses, who have until June 15) will have filed their 2011 income
tax returns. It’s quite often the case that a taxpayer
will...
Understanding the recent changes to Old Age Security (May 2012)
Of all the measures announced in the 2012-13 federal Budget brought
down on March 29, it was the changes to Canada’s Old Age
Security (OAS) system which will likely have the greatest impact on
t...
Employee holiday gifts and the taxman (December 2011)
The time of year is approaching when many Canadian employees look
forward to something “extra” from their
employer—a Christmas or Hanukkah gift, a year-end bonus, or
an invitation to...
A year-end tax to-do list (December 2011)
For most Canadians, December means holiday celebrations and school
vacations. In the tax world, however, December 31 marks the
deadline by which most tax planning and saving strategies must be
put in ...
Flying south for the winter (November 2011)
Every year, thousands of Canadians escape our winter by traveling
south, usually to the U.S., for a few weeks or months, or even the
whole winter. While recent fluctuations in the value of the
Canadia...
How to reduce your tax refund (November 2011)
At first glance, the idea of working to reduce your tax refund
would strike most taxpayers as, at the very least, exceedingly poor
tax planning advice. Most Canadian taxpayers view receiving a
refund ...
Taking out a reverse mortgage (October 2011)
Just about everyone is familiar with the concept of a mortgage.
Money is borrowed, usually from a bank or other financial
institution, in order to purchase a home. That money (now known as
mortgage pr...
Elections 2011—round two (October 2011)
The year 2011 may be notable in Canadian history as the year of
elections. In addition to the general federal election which was
held in May 2011, no fewer than 6 of Canada’s 10
provinces—...
Calculating your TFSA contribution room for 2011 (September 2011)
Since they became available on January 1, 2009, Tax-free Savings
Accounts (TFSAs) have proven to be extremely popular with
Canadians. TFSAs offer Canadians aged 18 and older an opportunity
to save and...
Legal fees—what’s deductible and when? (September 2011)
Very few Canadians escape paying personal legal fees at one time or
another and, depending on the situation, those fees can add up
quickly. Unfortunately, while legal fees incurred in some
circumstanc...
Responding to a CRA information request (September 2011)
Earlier this year, Canadians filed about 27 million tax returns in
about a three month period between March and June, and the Canada
Revenue Agency (CRA) was required to process and issue a Notice of
...
Post-secondary students and income tax (August 2011)
As summer reaches its midpoint, students who are about to start
their post-secondary education as well as those returning for a
second, third, or fourth year of university or college will be
gearing u...
Newsletters
Usha Pawluski Chartered Accountant #208 10050 112 Street Edmonton, AB Ph. 780 -757-4814
Should I Incorporate!
Join me for a Seminar on June 5, 2012 Space is limited. Reserve your Seminar seat now at:
Have you ever wondered whether you should incorporate your business? Register for this special seminar where I will be talking about incorporating your business and how you can determine if this is the right decision for you.
Topics covered will be:
-Business structures -Tax issues -advantages and disadvantages of incorporating -legal matters -Costs of Incorporating -Filing requirements
Title: Should I incorporate Date Tuesday June 5, 2012 Time: 9 AM TO 11 AM
Location: 2nd Floor board room 10050 112 Street Space is limited. Reserve your Seminar seat now at: