No, You Can’t Claim That!
March 25, 2022
During tax season, there are always some questions about what can and cannot be claimed. The best thing to do is contact a professional accountant …
Taxation
We offer tax advice and services to small business. Our extensive knowledge in corporate tax allows us to provide you with exceptional value to your business.
Get Ready for Tax Season in 2022
March 25, 2022
Thanks to COVID, there were many changes to last year’s tax season. Let’s take a look at what is in store for 2022. Filing dates …
COVID-19 Financial Relief – Part 4: The CERB Payment is Taxable
May 5, 2020
AF Accounting is helping individuals and small businesses better understand the ins and outs of the COVID-19 benefit programs available from the Federal Government. Part 1 looked …
You and Your Small Business Taxes During the Pandemic
March 31, 2020
In less than a month the entire world changed drastically. While we all come to grips with the new reality presented by the COVID-19 pandemic, …
Amazon Sellers: Know About CRA’s Advance Tariff Ruling
January 30, 2020
When you sell goods on Amazon, you enter a whole new world of selling called e-commerce. There are plenty of opportunities to build a solid …
My Business Account Receives an Update
September 19, 2019
Earlier this summer Canada Revenue Agency (CRA) made user-friendly changes to My Business Account. We are going to take a closer look – but first, …
Enhanced CRA Assistance for Small Businesses
May 30, 2019
Canada Revenue Agency has announced the expansion of its Liaison Officer service, which uses an education-focused approach, in-person visits, support and guidance so that small …
Calculating Payroll Deductions When you are an Entrepreneur
April 18, 2019
When you work for someone else and are an employee, the taxable deductions from your earnings are usually taken right off your paycheck and remitted …
Canadian Tax Myths
March 21, 2019
There are many tax myths out there, and most are designed to defraud you, or are based in misinformation. Today we will take a look …
What You Need to Know for the 2019 Tax Season
February 28, 2019
Canada Revenue Agency (CRA) is so excited about tax time that they released an announcement opening the season! To be fair, the majority of the …
The (Avoidable) Reasons Why Entrepreneurs File Their Taxes Late
February 5, 2019
With every new year comes that sinking feeling that tax time is just around the corner.When you own a small business, filing taxes is not …
Here’s How to Stay Compliant with Revenu Quebec When you Hire your First Employee
September 27, 2018
As your small business grows, the ability to hire your first employee is a major milestone. However, once you have employees on the payroll, your …