If you have failed to declare income to the Canada Revenue Agency this is very serious and should be dealt with immediately. The consequences of failing to declare income to the CRA are very serious and range from financial consequences like penalties and interest all the way up to criminal prosecution in severe circumstances. People … Read More “The Voluntary Disclosure Program and What to Do if You Failed to Declare Income to the Canada Revenue Agency” »
Retirement planning is so important because things change overtime and there is no guarantee what type of government benefits will be available to you once you finally reach the age of retirement. The younger you are the wider that gap and planning for retirement at a younger age is less expensive and gives you more … Read More “New CPP Rules – Do You Really Want Your Future to Depend on the Government?” »
Fixed income connotes a type of investment that does not deal with equity. Investments that are classified as fixed income, obligates the issuer/borrower to make regular payments at a pre-determined schedule. Another meaning that can be derived from the term ‘fixed income’ is that it relates to a person’s incoming cash flow that does not … Read More “Invest in Fixed Income Fund for long term” »
Before filing your taxes you need to get familiar with terms that will help you in getting ready for this Tax season. There are things which you need to understand because when some people think of filing and paying their taxes, they panic. Many have no clue on how to manage their Tax Obligations etc. … Read More “Surviving Tax Time 2012” »
Getting recommendations is always a good way to discover a reputable attorney who will give you quality Tax Resolution Services reviews. Finding good referrals are even more important if you require debt relief for a corporation or company. You might consider asking people you know if they have used any reliable attorneys recently. Word of … Read More “How To Find Tax Resolution Services reviews” »
What is and why is there unclaimed money? Unclaimed Money or Property encompasses any financial obligation that is due and owed to another party (customer, vendor, employee, contributor, etc.). The key rule to remember is that this property never becomes the organization’s property – it always belongs to the person or entity owed. Unfortunately, many … Read More “10 tips on how to Locate Unclaimed Money” »
Service Tax, as the name suggests is a tax leviable on all duties. It is a tax levied on the transactions of the facility specified by the Central Government under the finance Act, 1994. It is an indirect tax (akin to Excise duty or Sales tax), which means the service provider pays the tax and … Read More “Refund of Service Tax – Issues & Challenges” »
Notification of an IRS Audit A person or business will be notified by phone or mail that a tax audit is beginning for endorsement on their behalf. Included in this contact may be a list of the information required to repeal the examination and clear the individual or company from owing additional money, fines or … Read More “Surviving an IRS Audit” »
It’s tough to be a small business owner. Many small business owners really struggle the first few years that they are in business. When trying to build up a business there can be times where the business does well and times when it does not. Where sole proprietors are concerned their business income is almost … Read More “CRA Income Tax Debt and how it Affects Small Business Owners” »
Employing a breakout Forex trading system as part of your trading strategy is an excellent way to provide a time efficient and profitable trading approach to your trading day. Breakouts are one of the most popular ways in which to build Forex profits as they offer the potential to build high returns from the market … Read More “How To Day Trade Forex In Ten Minutes Per Day” »