Personal Real Estate Corporations

Written by Jason Moore on 20.11.2008 | Incorporation

With new rules allowing realtors to incorporate their businesses effective January 1, 2009, we have looked at the costs and benefits from an accounting and tax point of view.
You can see our summary sheet with an example of how a realtor could benefit from incorporation (PREC Info).
As always, please seek professional advice before incorporating.
For [...]

Comments Off so far | Read On »

October 2007 Mini-Budget, or what goes up must go down and vice versa

Written by Jason Moore on 31.10.2007 | GST, income tax, tax cuts

On October 30, 2007 Minister of Finance, the honourable Jim Flaherty, gave his 2007 Economic Statement.
The announcement is meaningful in that the following taxes are being cut:
GST will be lowered from 6% to 5% effective January 1, 2008, so book your local “cash register guru” now to be ready for business next year!
There will be [...]

Comments Off so far | Read On »

Releasing the Accounting Blog

Written by Jason Moore on 13.06.2007 | Uncategorized

Welcome to our blog and our website which was launched in May, 2007 and was produced thanks to Francine Street, Roberta Merrill, Kevin Grieder, and Michael Nadeau from the DMT program at Malaspina University-College.
Since the launch of our website Francine has become our default (through marriage to me) web guru, although she probably [...]

Comments Off so far | Read On »
Links

Light Reading