Up to 50% of certain pension income may be allocated to your spouse’s tax return
Old Age Security(OAS) and Canada Pension Plan(CPP) Applications
For OAS information and application forms, click HERE
For CPP information and application forms, click HERE
If you require assistance, please contact us
Registered Retirement Savings Plan (RRSPs)
Contribute by March 1, 2011 to receive a deduction on your 2010 income taxes
The maximum contribution for the 2010 taxation year is $22,000 (2011 = $22,450)
Registered Education Savings Plan (RESPs)
Receive a 20% grant on the first $2,500 of annual contributions
Home Buyers' Plan
You (and your spouse) can “borrow” up to $25,000
from your RRSP for the purchase of a home
Income Tax Instalments
Personal and Corporate
Why Incorporate?
Common reasons why businesses incorporate
Choosing the correct time to incorporate
Difference between incorporated and non-incorporated entities
Dividends vs Salaries
advantages of both
Employee vs. Self-Employed
Facts used to determine if a person is an employee or self-employed
Advantages of both
Business Registration
To search for and register a business name, apply for a Retail Sales Tax Vendor Permit (PST), an Employer Health Tax account and a Workplace Safety and Insurance Board account with ServiceOntario, click HERE
To register on-line for a Business Number, Corporation Income Tax, GST and Payroll Deductions with CRA, click HERE
Other
We would be pleased top provide you with information on other topics such as:
