The Canadian Market The housing market in Toronto and the suburbs has been booming over the last several years. This has allowed investors from all over the world to cash in. The strategy was to purchase a newly constructed home or condominium unit from the builder and sell it a few months later for profit. This strategy seemed like people […]
How to setup a business in Ontario? Setting up a business can be an overwhelming task with a lot to comprehend. It all starts with a dream and a vision, but how do you turn that dream into reality. The dream of becoming your own boss and having the freedom to make your own decisions can be […]
What is Voluntary Disclosures Program (VDP)? The VDP is a Canada Revenue Agency (CRA) administered program which allows taxpayers to disclose or amend historical tax returns due to inaccuracy or unreported tax information. Under the program the CRA will not charge penalties or prosecute the taxpayer. The program also promises to grant partial interest relief if […]
Best Practices in Working with your External Accountant Excited to have SDVC’s, Pat Kenney speaking at the Toronto Entrepreneurs Conference & Tradeshow next Wednesday May 10th at the Mississauga Convention Centre. The Toronto Entrepreneurs Conference & Tradeshow has been designed to provide Toronto Area Entrepreneurs, whether budding or experienced, with the opportunity to expand their professional […]
Personal Tax Information Checklist 2016 Just a quick reminder that the May 1st, 2017 filing deadline for personal taxes is fast approaching and now is the time to get all of your tax slips and information into SDVC LLP. Please note a personal tax checklist is available below to help facilitate the best preparation and […]
Employee or Contractor Employment Status Determining whether a worker is an employee or contractor is an important and difficult decision to make. The determination is generally a question of fact when it comes to employee or contractor. If a worker is considered an employee, the employer’s responsibilities include withholding and remitting EI premiums, CPP, and […]