Great! Go Explore endless business opportunities that are out there. If you are serious about starting a business, take a professional advise. We here at A1 Accounting can certainly help you with that. Here are 10 steps that I found on Startup Nation which I would like to share with you! 1) Create a […]
The Canadian taxes due date depends on how your business is structured. If your business is a sole proprietorship or partnership, you will declare your business income on your T1 Personal Income Tax Return, and will have to pay any income tax balance owing by April 30th, assuming that your business’s fiscal year ended on […]
Here is a great article I found about having a consultation with professional accountant before starting your business. A1 Accounting & Business Solution can help you through your journey. If you are bootstrapping, or starting a small business on a limited budget, you have probably spent some time trying to figure out where you can cut business costs and […]
The biggest players in Canada’s oil and gas industry are urging Alberta’s government to step up its environmental policies and introduce a carbon tax. Alberta already has carbon pricing, but the program is limited and it will expire in the next few months. Suncor CEO Steve Williams told a crowd in downtown Calgary on Friday […]
Entrepreneurs keep a lot of the financial details of their business in their heads. Doing so has its advantages: No new software to learn, no danger of a system crash that loses all your data, and you can tweak your budget as often as you need without sitting down at a desk. But when you […]
Since it’s tax season, I thought I would share some of the great tax tips from CBC news: 1. Consider making a $2,000 over-contribution to your RRSP. Tax rules allow you to contribute up to $2,000 more than what you’re eligible to contribute to your RRSP without attracting the usual excess contribution penalty, which is one per cent of the excess amount for every […]
It is that time of year again – Tax Time! So if you are a First Time Home Buyer – whether you just recently purchased a home or you plan on purchasing a new home, here are two First Time Homebuyer Tax Time Incentives: RRSP Withdrawal To Purchase A Home: $25,000 Maximum Per Buyer […]
5 Essential Tips for Growing Your Business To say that getting a business off the ground is hard work would be an understatement. Whether you’re still drafting your first business plan or recently opened your store, starting and running a business can be an exhilarating – and terrifying – experience. Six years ago, I […]
When is a startup no longer a startup? Ask 50 entrepreneurs and they’ll likely give you slightly different answers: it’s when a company moves from idea to public listing, or it’s when a team of two grows to four or it’s when it lands its first paying customer. Why is the term so difficult […]
If there is one thing that’s guaranteed to unite real estate agents across North America, it’s the shared dread of tax season. That churning feeling in the pit of your stomach when you realise that you have to sort through a year’s worth of expenses and receipts? Horror at the prospect of forced mathematics? That […]
