With the new year here, you now have additional TFSA contribution room

With the calendar turning to 2017, every adult will be allowed to contribute an additional $5,500 to their tax-free savings account. That means another $5,500 can be invested and the gains will never be taxed. So with the new year here, you have now additional TFSA contribution room. If you have been an adult since […]

When to Incorporate your Proprietorship?

In our opinion, you should incorporate your proprietorship once it has proven to be a viable business and once it has begun to generate cash in excess of your living requirements, so that you can take advantage of the tax deferral opportunity available in a corporation. Once you have satisfied the above two criteria and incorporate, you will then also […]

Qualities of a Good Accountant

Calgary Accounting An accountant’s work needs a certain level of level-headedness. They have an oriented environment where small mistakes can harm the business, how decisions will be made, and the overall financial health of the company. In this article, we will talk about the qualities of a good accountant. 1. Client-centric An accountant must understand […]