LITERATURE

Basic Bookkeping Tips For many small businesses, the most common bookkeeping errors are also the easiest to fix. Use these six tips to help keep your business on sound financial footing.

Incorporating has its benefits Ottawa lawyer Ted Mann jumped at the chance to incorporate his practice. "I incorporated in June, 2002, for two reasons. It allowed me to take advantage of the small-business deduction, which means I pay less tax on the money used to run the business...

Your income tax and benefit return Did you know that you may be able to take advantage of new incentives or changes to existing credits, deductions, benefits, and services when filing your tax return?

Save money as a couple using the Tax-Free Savings Account (TFSA) You’ve probably heard about the new TFSA where savings grow tax-free. Individuals 18 years or older can contribute up to $5,000 in 2009 to their TFSA.

Check your instalment requirements Instalments are required if the difference between your combined federal and provincial tax, and the amount of tax actually withheld at source, was greater than $3,000 in either 2007 or 2008 and will be greater than $3,000 in 2009.

Budget 2010 - Leading the Way on Jobs and Growth Budget 2010 aims to contribute to this recovery and sustain Canada’s economic advantage now and for the future. The budget plan has three broad aims.