Summer is in full swing and as with most families, summer activities for the kids is a MUST. And fortunately, some of these summer activities can qualify as child care expenses which you can claim when you file your taxes next year. So here’s what you need to know about child care expenses and how you can claim them. For income tax purposes, child care expenses are defined as amount that you or another person paid to have someone look after an eligible child so that you or the other person could earn income from employment, carry on a business, attend...
Continue reading
Rate this blog entry:
0
CRA recently announced that they will be rolling out over 50 action items that will improve services for small and medium businesses. These service improvements are included in the CRA’s 2017-2019 Serving You Better Action Plan. Here are the top 10 service improvements for businesses: 1. Receive a CRA security code by email.2. Call a new dedicated telephone service for tax preparers that helps with more complex technical issues.3. Request a Liaison Office visit.4. Provide T4 information slips to their employees in electronic format (certain conditions apply).5. Use T2 Auto-fill through commercial software.6. Create their own filing and balance confirmation letters...
Continue reading
Rate this blog entry:
0
For the past weeks, we’ve already covered the first 9 key items you need to know and ask yourself when you want to start a business. These include your business structure, your business name, domain for website, if you need a minute book, your business number, if you need a business permit, planning for bookkeeping/financial tracking/reporting, your banking relationship and if you need financing. Here are the last 6 key items you need to know when starting a business:10. Have I determined where I will operate my business from? Many businesses start at home. If you plan to start your business...
Continue reading
Rate this blog entry:
0
Last week, we published the first part of this blog series where we listed the first 4 things you should know when starting a business.  These first four things include your business structure, your business name, domain for website and if you need a minute book.  Here are the next 5 things you will need to know and ask yourself if you want to start a business. 5.    Have I determined which business number components I need? Generally, you need a business number for doing business with the government.  The business number is a nine-digit number that gives each registered business...
Continue reading
Rate this blog entry:
0
Subscribe

If you have a question about one of our products or services, please do not hesitate to contact us!
Please Enter Your Name
Please Enter A Valid Email
Please Enter Your Phone Number
Please select your preferred method of contact.
Refresh Please letters shown!

KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

Read our Tweets