Category: Alberta Income Tax Preparation
Posted on December 12, 2021
In this website, we will take you through the steps to file your Alberta corporate income tax return. The following is a list of the topics that we will cover: - What is a corporate income tax return? - How do you file an Alberta Corporate Income Tax Return online? - What are some of the common mistakes when filing an Alberta Corporate Income Tax Return? - What are some of the benefits of filing your Alberta Corporate Income Tax Return online? -What are some common errors in filing an Alberta Corporate Income Tax Return? Why is it Important to…
Posted on December 12, 2021
The CRA (Canada Revenue Agency) has released their Federal Tax Guide for 2018, and it's time to learn about all the changes. One of the most major changes is how much tax you'll owe on income from employment. This means that if you make $100,000, your income will be taxed at a higher rate. The first thing to know is that employers are responsible for withholding Canada Pension Plan contributions, Employment Insurance premiums and federal income tax from your paycheque. These amounts are taken out of each pay period throughout the year. If you have not paid enough into these…
Posted on December 12, 2021
Canadian tax returns are due to the CRA by April 30th, 2019. If you have not yet completed your 2018 tax return, you need to get started right away! Preparing your Canadian 2018 Tax Return for 2019 is a process that requires 4 steps: 1. Gathering Financial Records 2. Calculating Income and Deductions 2. Completing the T1 General form and provincial/territorial schedules (if applicable) and provide supporting documents (e.g. T4 slips, RRSP contributions). 3. Submitting the completed return to the CRA before April 30th, 2019 via NETFILE or by mailing it in if filing paper copies; and finally, filing an…
Posted on December 12, 2021
Tax preparation is a complex task that requires deep skill and expertise. Many people are intimidated by the process of tax preparation. This is because it can be technical, complicated, and confusing. Taxpayers often make mistakes in their calculations, which can lead to penalties or even jail time. Introduction: What is a Corporate Tax Preparation? Corporate tax preparation is a process of calculating and reporting the company’s taxable income to the government. A tax consultant or accountant may be required in order to complete this process. Tax consultants must have a wide range of knowledge about the taxation laws that…
Posted on October 13, 2021
SMALL BUSINESS ACCOUNTANTS ALBERTA - BOMCAS CANADA If you are a small business owner, no one understands your industry more than you do yourself. Doing everything on your own, on the other hand, can be exhausting. Getting in touch with BOMCAS CANADA if you're ready to free up some of your time. Our highly qualified accountants are ready to handle all of your tax and financial needs, allowing you to devote your time and energy to what really matters — running your business. ACCOUNTING SERVICES FOR SMALL BUSINESSES Allow us to relieve you of some of your responsibilities. Our range…