Mar 1, 2022 | Personal Tax and Finance, Tips for your Business
We know first-hand from our clients how overwhelming it can be to get tax return documents ready for your accountant. All too often, we see things get lost or disorganized in the rush, meaning our team needs to spend extra time getting things in order before we can... 
Feb 17, 2022 | Personal Tax and Finance
With the March 1 deadline to contribute to an RRSP for the 2021 tax year fast approaching, you may have questions about how to make your RRSP work best for you. We know trying to figure out the written and unwritten rules of RRSPs can be overwhelming, so we’ve... 
Sep 1, 2021 | Personal Tax and Finance
Several NPOs are more focused on their mandates and objectives, which leaves little time for administrative tasks like bookkeeping | iStock NPOs are provincially and federally incorporated, which means they are obligated to file a corporate tax return and... 
Mar 1, 2021 | Personal Tax and Finance
Watch your inbox, your mail box and your online accounts for end of year reporting statements from investments and all your T Slips. There’s no penalty from CRA the first time you miss a slip on your tax return. If, however, you miss reporting two slips over a certain... 
Feb 26, 2021 | Personal Tax and Finance
As a small business owner, you may be asking yourself: “Do I need to submit a T5 slip?” The T5 filing deadline is the last day of February following the calendar year to with the income relates. This year, since February 28 falls on a Sunday, the filing deadline is... 
Feb 25, 2021 | Personal Tax and Finance
Every year RHN gets asked questions about RRSP’s. We have put a few of the most important together here! When do I need to make my contribution by? March 1, 2021 is the deadline for contributing to an RRSP for the 2020 tax year. Should I contribute to my RRSP? It...