ATTENTION BUSINESS OWNERS! Did you know that the deadline for filing an annual return is within the 60 days following your corporation's anniversary date?
If you have an incorporated entity, it is CRITICAL that you file your annual returns. Failing to do so can be extremely costly to you and your business.
Contact St. Albert Financial Consultants today if you would like assistance filing your annual returns accurately and... more
Posted at 04:37 PM
Friday, March 24, 2023
Tax season is approaching QUICK! So with that said, here are 3 key tips to keep in mind ahead of the filing deadline.
1. Prioritize filing your income tax return ON TIME to avoid penalties. (The deadline for most people is May 1, 2023.)
2. Don't forget to claim any tax credits you may be eligible for. Consider using an accountant (like us!) to help uncover tax credit opportunities!
3. Take advantage of any tax deductions you may qualify for. We... more
Posted at 04:07 PM
Wednesday, March 22, 2023
Are you taking the leap and starting your own business?
If you aren't familiar with the logistics and requirements to start a business, we reccommend working with experienced professionals (like us) who can help you navigate the set-up and incorporation process, and help support you through all of the other accounting and financial consulting services you may need.
We always want to educate our clients and keep them in the loop on Canadian tax changes! So with that said, here are 7 Canadian 2023 tax changes and factors that you may want be aware of:
1. New tax brackets. 2. Basic personal amount increase. 3. First-time Home Buyers' Tax Credit doubled. 4. Old Age Security income limits changed. 5. Canada Pension Plan earning and contribution increase. 6. RRSP dollar limit increase. 7. COVID-19 benefit repayment.
Have you applied for the Canada Housing Benefit yet? If you haven't but you want to, be sure to do so ASAP, as the application deadline is Friday, March 31, 2023.
This is a one-time tax-free payment of $500 available to low-income renters. The payment does not reduce other federal income-tested benefits.
Eligible individuals must: · be 15 years of age or older on December 1, 2022; · be resident in Canada for tax purposes in 2022; · have filed their 2021 tax return with adjusted net income below... more
Posted at 01:59 PM
Friday, March 10, 2023
Do you have any questions regarding your taxes?
Our team of tax experts would be glad to help!
Your questions are always welcome at St. Albert Financial Consultants. Please note that the deadline to file your 2022 taxes is Sunday, April 30, 2023 (May 1st since that is a Sunday).
Did you earn money from online content and aren't sure how to properly claim your income or sort through expenses?
If you earn money from sites like OnlyFans, and you want to discover how you can write off expenses like lingerie, makeup, shoes, hair, and nails — we should talk.
In today's day and age, there are many people making an income online in unconventional ways. Regardless of how you earn your money, St. Albert Financial Consultants can help you accurately claim your online income and file your taxes so... more
Posted at 04:52 PM
Friday, March 3, 2023
Did you know that the Government of Canada started accepting electronic tax filings on February 20, 2023? That's right - we're officially into TAX SEASON!
Don't leave filing your 2022 taxes to the last minute. Procrastinating on your taxes only increases your stress and reduces the amount of tax-saving opportunities that can be uncovered.
Start working with our tax experts today! Contact us to learn more and get started.
While it may still seem like it's far away, tax season is going to come QUICK. That's why it's important to start your planning early - including what Accountant you want to work with.
Our experts would love to be your first choice.
PLUS, we're offering 25% OFF of your tax filing when you refer a friend to St. Albert Financial Consultants!
Please get in touch with our team to learn more and get started.
ATTENTION BUSINESS OWNERS! Did you know that the deadline for filing an annual return is within the 60 days following your corporation's anniversary date? 
