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Government of Canada

This is the URL to GOC  Income Tax – Personal & Business

This is the URL to Apply for Canada Emergency Response Benefit (CERB)  CERB

This is the URL to Additional Support for Canadian Businesses from the Economic Impact of Covid-19. Check out New Loan Programs for business:  Additional Support from CRA

This is the URL to their Web Site. Government of Canada

This is the URL to the site to “Represent a Client” Represent a Client

This is the link to file an HST Return for a Client HST/Netfile

Reasonable Mileage allowance for employers Reasonable Allowance Rates

Income Tax – Business, Personal CRA Tax Site

Tax Tips Tax tips

Bank of Canada Rates Bank Rates

Sedar Home Page Sedar Securities

Ontario Energy and Property Tax Credit Ontario Property Tax Credit ONBEN

Protect yourself against Fraud Fraud Link

Stat Holiday Pay Calculations Stat Link

Vacation Time and Pay Vacation Pay Link

Phone Numbers for Government CRA Numbers

Lease Vs Buy Calculator for your next car Decisions

TFSA (Tax Free Savings Accounts) Limits For you 

Allowable Motor Vehicle Expenses For your claim

Efiled Help Desk Support – For preparers Like Hollingsworth & Associates

 

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Who are We?

Taxprep4u is a blog that allows us to document some of our research as it pertains to your questions pertaining to personal and corporate tax issues, and bookkeeping and accounting needs.

We love to research better ways of doing things so we can free time up that can be spent with you helping in any way we can, as it pertains to your business needs.

Our specialty of course are making sure the information provided to us is processed and makes sense from a management point of view.  We will share with you absolutely the best way to understand your financial statements, and it’s up to you to take the appropriate action necessary to maintain a profitable business that can endure the rough times that can happen.

Our formal blog is hosted with Netfirms and it is accessed here:

Taxprep4u.ca

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Protect yourself against Fraud

There seems to be nothing worse than being interrupted by someone on the phone professing to be from a government agency, and demanding of your time.

It can get even worse when they try to intimidate you and demand a payment in the form of gift cards, or anything else they can convince you to pay.

The Canadian government does not operate this way, and an individual, department, or agency will send you mail to correspond.  That’s “snail mail” and not the type that will invade your electronic mailbox.

Pay no attention to these “scammers” and if you are going to say anything at all to them before you hang up, make sure it is along the line of “please contact my authorized representative”.

Here is a website put up by CRA to enlighten you a bit:

All about Fraud

 

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Tax Preparation

We love what we do in researching your accounting and tax requirements and making sure you are confident in allowing us the privilege of serving you as your office away from home.

We will be your part time controllers on a permanent part time basis.

We are located in London Ontario Canada at Suite 101 395 Wellington Road South N6C 5Z6 and can be contacted as well by phone and fax.

Our phone is 519-649-2001

Our fax is 519-649-7880

We specialize in bookkeeping (payroll, HST returns, management reports, financial statements) , Tax preparation (personal T1, corporate T2) and can make sure your T3, T4, and T5’s are filed according to statutory requirements.