News and Tips for You

Another tax season finished.

Starting January 1, 2012 if you are under 65 years of age, receiving a CPP retirement pension and working you will have to start contributing to CPP. If you are between the ages of 65 and 70, receiving CPP pension benefits and still working you will be required to start contributing to CPP again unless you complete a form to elect to stop contributions. This election will remain in effect until either you revoke it or you turn 70.

We specialize in small business accounting including GST reporting, payroll services, financial statements and efiling of corporate tax returns and T slips. We also do preparation and efiling of personal tax returns. Remember it is never to late to file your personal tax return, you may be entitled to a credit through a number of Canada Revenue Agency programs.

Give us a call or email us and we will do our best in assisting you with any questions or concerns you may have.