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COVID19 Response March 20, 2020

Posted on March 20, 2020 by

To our valued clients, As the Coronavirus (COVID-19) continues to evolve, we will continue to adapt to the changing guidelines put out by our federal and provincial government. As of March 20, 2020, our office door will be locked to … Continue reading →

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Coronavirus Economic Response Plan March 18, 2020

Posted on March 19, 2020 by

Key_Points_Canada’s_COVID-19_Economic_Response_Plan_20200318

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COVID19 response

Posted on March 19, 2020 by

To our valued clients, As the Coronavirus (COVID-19) continues to create uncertain times around us, we want you to know that our staff are taking the situation very seriously. Your health and safety is our top priority; which is why … Continue reading →

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Small business tax rate reductions

Posted on October 19, 2017 by

In it’s promise to support middle class tax payers, Prime Minister Justin Trudeau, Finance Minister Bill Morneau and Small Business and Tourism Minister Bardish Chagger announced October 16, 2017 that the federal component of the corporate small business tax rate … Continue reading →

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TFSA limits 2009-2020

Posted on October 17, 2017 by

Tax Free Savings Accounts limits by year going back to the beginning of the program with Canada Revenue Agency. If you have never contributed anything you are able to retro-actively catch up $69,500. You don’t get a tax deduction for … Continue reading →

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Estate Planning – Original documents

Posted on September 27, 2017 by

Have a will prepared by a professional and updated as necessary. Ensure an ORIGINAL copy is available and the location is filed with the BC Wills Registry of the Vital Statistics Agency. If you want your vehicle to be left … Continue reading →

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When is Probate required in BC

Posted on September 27, 2017 by

If the estate involves less than $25,000, probate is not typically required. Property owned jointly may pass directly to the joint owner. Some registered assets pass directly to a named beneficiary outside of the estate such as life insurance, RRSPs, … Continue reading →

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What is an executor?

Posted on September 27, 2017 by

When the person who made a will dies, their property and possessions form their estate. The executor administers the estate by locating all of the will-maker’s property, paying any debts, the funeral costs and taxes, and then distributing the rest … Continue reading →

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Executor tips 2017.09.25

Posted on September 26, 2017 by

As an executor of an estate you want to make sure probate happens smoothly. Start by making a list of assets, their account and registration numbers, whether they are a RRSP, TFSA, LIRA, RRIF, RESP or other named beneficiary type … Continue reading →

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Bookkeeping online

Posted on September 26, 2017 by

If you are looking for a new bookkeeping solution try Wave Accounting online. It’s free unless you need a more robust version with payroll. https://www.waveapps.com/ Another online bookkeeping solution is Quickbooks Online https://quickbooks.intuit.ca/accounting-software/quickbooks-online-accounting/

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