Affordable Accounting and Bookkeeping
Accounting News Archive 2017
Bookkeeping Acts, Income Tax Regulations, Reviews
The government has taken stringent and significant steps to curb and eliminate tax evasion in the real estate dealings. Read More...
Yearly interest rates for the third calendar quarter will apply to any sums owed to the CRA and to any sums owed by the CRA to people and enterprises was reported by the Canada Revenue Agency. Read More...
June 15, 2017 is the final day for all self-employed persons, their spouse or common law partner to file the 2016 income tax and benefits returns. Read More...
Even after filling your 2016 tax return to the Canadian Revenue Agency, there are still few tasks left for you to do. Read More...
The home relocation loans deduction will be scrapped off starting from 2018 upwards. This development came after a resolution reached at the proposed budget for the year 2017. Read More...
For 2017 and subsequent taxation years, the budget proposes to consolidate non-refundable tax credits that can be claimed by caregivers. Read More...
The calculation of the medical expenses taxes credit cuts across all expenses, payments made to the physician, private or private hospitals and nurses, medication and lab test. Also, individuals who do not have issues conceiving or giving birth is covered too. Read More...
The 2017 budget has moved to eliminate the non-refundable public transit credit for amounts paid for eligible transit passes (including available electronic payment cards) for the use of public transit services after June 2017. Read More...