The preparation of tax returns is becoming more and more complex by the constant expansion and amendment of the tax rules. We handle the full range of tax compliance obligations. For help in organizing your personal tax information.
Frequently Asked Questions
HOW CAN I REDUCE MY CHANCES OF AN AUDIT?
The best defense against associate degree audit is to file your legal document each year and on time. Why offer the CRA a reason to look at your tax situation? twig done! If you file a GST come back, certify the revenue on your business statement T2125 matches the revenue that’s on the GST come back.
HOW LONG SHOULD I KEEP MY RECORDS ?
You should keep your supporting documents for six years.
WHEN ITS MY CORPORATE TAX RETURN DUE ?
All companies need to file their legal instrument by six months once the financial year finish. for instance, if the financial year finish was Gregorian calendar month twenty three then the come must be filed by March twenty three.
HOW LONG WILL I TAKE TO GET MY REFUND ?
If the income tax return is electronically filed, the come back sometimes takes between seven to fifteen days. If the come back is armored , it always takes four to 6 weeks.
Market risk, or “principal risk” is the chance that a downturn (or a bad investment) chews up your money. It’s there for both stocks and bonds — when interest rates rise, bondholders will see the market value of their paper shrink — and for most people it’s the big bugaboo.
Inflation or purchasing-power risk for most people is the “risk of avoiding risk” — the opposite end of the spectrum from market risk — the possibility that you are too conservative and your money can’t grow fast enough to keep pace with inflation