February 27, 2024

Bare Trust

What is a Bare Trust? Bare trust is a type of trust where the trustee acts as an agent for all the beneficiaries under the trust […]
February 26, 2023

Tax Rates 2023 – For Ontario Residents

Tax Rates 2023 for Ontario Residents Definition of Effective Rate and Marginal Tax Rate: The effective tax rate is the actual percentage you pay on your […]
November 24, 2020

Renting Principal Residence – Changings in Principal Residence

Renting Principal Residence – Change in use of Principal Residence What is Principal Residence: Principal Residence is the housing unit that is ordinarily inhibited by taxpayer […]
April 26, 2020

Tax Deadlines

Below are key income tax filing and payment deadlines Tax filing and Tax Deadlines Avoid interest and penalties by filing and paying tax liabilities before deadlines […]
December 12, 2019

Uses of Financial Statements

Financial Statements Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial reports to make important business decisions […]
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