Your Bottom Line | Posts tagged as "Taxes"

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  • UPDATE - Change to T4's for ALL Employees in 2023

    Your Bottom Line   |  

    QuickBooks in Courtice

    The Canada Revenue Agency has announced that it will require employers to report when employees have been eligible to access dental insurance or dental coverage of any kind, on annual T4 and T4A slips, beginning in 2023.

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  • Maximizing Education-Related Tax Deductions in Canada: 7 Tips for Canadian Students in 2023

    Your Bottom Line   |  

    QuickBooks in Courtice

    As the summer months come to an end and students across Canada gear up for the back-to-school season, it's essential to understand and utilize the various education-related tax deductions available. This comprehensive guide is designed to help Canadian students make the most of these deductions, such as those for tuition, student loan interest, and more. By grasping the intricacies of these tax benefits and maintaining accurate records, you can potentially ease your financial burden and optimize your tax return during the tax season.

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  • Mike Libbey Meets Robinson Smith: Insights on the Smith Manoeuvre

    Your Bottom Line   |  

    QuickBooks in Courtice

    In this exciting video, we bring you a meeting between financial expert Mike Libbey and Robinson Smith, the creator of the revolutionary investment strategy "The Smith Manoeuvre." Join us as they discuss the ins and outs of this innovative approach to wealth building and learn how it can help you achieve your financial goals. Don't miss out on this opportunity to gain valuable insights from the mastermind behind "The Smith Manoeuvre."
     

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  • From Hassle to Harmony: Simplifying the Payroll Process

    Your Bottom Line   |  

    QuickBooks in Courtice

    Payroll processing can be a time-consuming and complex task for businesses in Ontario. From calculating employee wages and deductions to ensuring compliance with employment standards and tax regulations, payroll management requires careful attention to detail.

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  • The Essential Guide to Getting Ready for Tax Time! (2022 Edition)

    Your Bottom Line   |  

    QuickBooks in Courtice

    Tax season is a stressful time for many Canadians - well, anybody really, but it doesn't have to be. With the right preparation and understanding of the process, filing taxes can be an easy and efficient process.  From understanding the tax deadlines to claiming eligible deductions and credits, this guide provides Canadians with the essential tips and resources to make tax time easier. 

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  • Do you work in the "gig" economy? Here’s what you need to know!

    Your Bottom Line   |  

    QuickBooks in Courtice

    The gig economy is based on temporary and freelance work, or short-term contracts. As a gig worker, your contract services may range from a small task to a highly specialized service. If you are connecting with clients through online platforms or applications (apps) such as Clickworker, Crowdsource, or Fiverr to provide them with your services, you are typically considered to be self-employed instead of an employee. Your work may be carried out anywhere, as online platforms can connect businesses and independent contractors from all over the world.

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  • What You Need To Know About Investment Properties and Taxes

    Your Bottom Line   |  

    QuickBooks in Courtice

    We are joined by Senior Accountant Mike Libbey from Your Bottom line to learn all about depreciation, capital gains, airBNB, hold co's and other information that property investors need to be aware of when it comes to their taxes.

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  • 8 Simple Steps to Prepare for the 2021 Tax Season

    Your Bottom Line   |  

    QuickBooks in Courtice

    Find out what's new for the 2021 tax season and your filing and payment due dates. Begin by gathering your documents to report income and claim deductions, and choose how you want to file and send your completed tax return to the CRA. You can find our 2021 Tax Checklist at the end of this email, free to download!

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  • Cryptocurrency FAQs - What You Need To Know About Tax Season

    Your Bottom Line   |  

    QuickBooks in Courtice

    Cryptocurrency is a relatively new innovation that requires guidelines on taxation so that Canadians are aware of how to meet their tax obligations. There are many misconceptions about this subject, which is why we made a handy FAQ sheet to answer 8 frequently asked questions.

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  • The Your Bottom Line Difference

    Your Bottom Line   |  

    QuickBooks in Courtice

     

    What sets us apart from the rest of our competitors is that we take a very different view than most firms when it comes to the concept of ‘TEAM’. Our view is simple: the TEAM comprises of US and YOU, not just us. That’s why we work so hard to build a solid relationship with you as a client. It is this, which sets us apart from all other accounting firms. In fact, TEAM ETHOS is the key ingredient in forging a successful relationship with you.

    Thanks for stopping by our blog. If you’re looking for more information about Your Bottom Line, you’ve come to the right place.

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