The Accounting Place acquired by Toronto-based investment management firm
The Accounting Place announces today that it has been acquired by the Toronto-based investment management firm R N Croft Financial Services.
Breaking News
What’s the difference between an RRSP and a TFSA?
There are many differences between a Registered Retirement Savings Plan (RRSP) and a Tax-Free Savings Account (TFSA). The benefits of each should be considered before deciding to invest inside either.
Passive Income in a CCPC
Effective January 1, 2019 Canadian Controlled Private Corporations (CCPC) who earn Passive Income are subject to new legislation which results in an increase in the amount of income taxes paid by the corporation. While there has been much discussion regarding these changes, they are now in place. As with all taxation, planning becomes of the utmost importance to ensure that you do not pay one nickel more in taxes than is absolutely necessary under the legislation.
Sending Documents Electronically to The Accounting Place
The Accounting Place has fully implemented a secure file document transfer system to allow us to send you documents and for you to send us documents – all securely and unique to your file.
Principal Residence Reporting
Effective January 1, 2016 all dispositions of real estate are required to be included in your personal income tax return; even if it was your principal residence. In the majority of cases this will result in a capital gain. A principal ...
Government Initiatives - COVID-19
In order to assist you, our client in staying up to date on all the changes, programs and benefits that may be available to you while the various Governments put in place measures to assist everyone, we have outlined the information below as it affects your taxes, finances and businesses.
COVID-19 - You Do NOT Have to Visit Our Office …
In light of the current pandemic, please note that you do not have to visit our offices in order provide us with your information or to sign documents. In fact, we’d prefer not to visit with you this year…
Conronavirus (COVID-19) Preventive Measures
In light of the current coronavirus (COVID-19) situation, new and existing clientele may feel hesitant about visiting our office. In order to provide piece of mind, while still assisting our clients in their tax filing obligations, The Accounting Place has set up a format and procedure for providing our services completely electronically.
WE'VE MOVED
On June 20th, The Accounting Place relocated to our new larger offices (plenty of parking!).
Thanks to your continued support, The Accounting Place continues to grow requiring the need for larger premises. While now loc...
2017 Tax Credits and Tax Deductions - What's the Difference?
The terms “Tax Deduction” and “Tax Credit” sometimes seem to get thrown around as if they’re interchangeable, but that’s not really the case. What is the difference between a “Deduction” and a “Credit”?