How can you save smartly?
You might want to save money every month. However you might find that this might become impossible at times. What you must realize is that saving small amounts of money is good, but the smartest thing to do is to
Distinguish between Needs and Wants
Generally speaking when it comes to acquiring or owning something we would use the terms ”want” and “needs” interchangeably. Besides in many cases you perceive them both to imply the same meaning. However, these two terminologies are very different from
The importance of setting financial goals
No matter which stage of your life you may be in but setting financial goals is of prime importance. You must know that you would have a much better chance of reaching your financial goals if you set them and
Calculating your Net worth
You may often have come across the term “Net worth”. Your Net Worth provides a snapshot of your financial situation at any point of time. Whether you want to avail a loan or for other financial purposes, the calculation of
Understanding the tax deductions on your pay
As an employee you may have certain doubts or may not be fully clear in regard to the deductions which are made by your employer on your pay. We at “The Accounting Tax” have been into financial consulting since long
Your responsibilities as an employer: Know the payroll steps
You may have a business where in you have employed some employees. However, you must realize that as an employer you have certain responsibilities which need to be fulfilled diligently. We at The Accounting and Tax provide payroll services along
Are you a Newcomer to Canada? You must know your Tax Obligations
It is possible that you have left another country to settle in Canada. If so then you must be aware of your tax obligations. We at The Accounting and Tax have been providing professional tax consultation to individuals and clients
Penalties for not reporting income: Facts you must know
When it comes to reporting your income while filing your income tax returns you might be a bit casual. You may miss reporting some of your incomes. However, this may have serious implications. We at The Accounting and Tax are providers of
Planning to set up your Small Business in Canada? Checklist to follow
In case you are planning to start your own business in Canada, you should be aware of the fiscal obligations and their implications. We at The Accounting and Tax provide you with a list of things you must consider while starting your
Some facts about non-residents tax filing in Canada
Are you a non resident of Canada looking for tax filing solutions? If so then you would know that there are various aspects about filing your tax returns as a non resident in Canada. You must have a clear conception