Accounting, Tax and Financial Solutions
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Traditional Accounting
Modern Accounting
Traditional Accounting
Traditional accounting (also known as “accrual basis” accounting) is a kind of accounting that calculates your profits based on when you send invoices or when you receive them – regardless of whether you actually received or spent money.
Modern Accounting
We are using technology and accounting software programs to systematize your financial tracking. Every transaction that moves in and out of your account needs to be recorded. … This approach means that there are always two entries for every transaction: debits and credits
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Personal info and Documents for personal filing 2020
First name (Exactly match with your issued on the SIN number paper, or on any CRA letters) Last name (Exactly match with your issued on the SIN number paper, or on any CRA letters) SIN

Disability Tax Credit 2020
Disability tax credit amount for 2020 is $8,576 as non-refundable credit ($8,416 in 2019), with a supplement up to $5,003 for those under 18 (the amount is reduced if child care expenses are claimed; $4,909 in 2019 All individuals who

CRA and COVID-19: Benefit amounts on your T4A slip
T4A slips for 2020 tax year If you received any of the COVID-19 emergency or recovery benefits, you will get a T4A slip from the Canada Revenue Agency (CRA). Quebec residents will get both a

CEBA Loan Update
1) Top-up amount ($20 K) application will be available today (Dec. 4, 2020) or on Monday (Dec. 7, 2020)2) the deadline is extended up to Mar. 31, 2020, for bot Top-up and the original amount.