RRSP or TFSA which is more popular and why?
Last year was the 50th year for Registered Retirement Savings Plan (RRSP). However is seems that the golden age for this retirement scheme is gradually but surely getting over. The popularity for the Tax Free Savings Account (TFSA) is in
7 Simple tips for first time real estate investors
If you consider investing in real estate as an investment tool towards building wealth in the long term you would realize that it is a complex process. It is a whole lot more than having your tenants to help you
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