Category: Personal Tax Accountant in Edmonton

What is a Tax Return & Why is it Important? A tax return is a document that we file with the government to report the income and deductions we have during the year and to calculate how much income tax we owe. A tax return is important because it helps us plan for our future. It gives us an idea of how much money we will be making in the future, which can help us decide what we want to do with our money. It can also tell us whether or not we are eligible for benefits like Employment Insurance…

Confusing Tax Laws in Canada? Taxes are a significant part of the responsibility of every citizen. It is important to know the tax laws and regulations in order to avoid any penalties or fines. There are many tax services that provide assistance with taxes, but it is also possible to do them on your own. Taxpayers can file their taxes by themselves or hire a professional service company to do it for them. There are many different types of services that provide assistance with taxes, such as BOMCAS CANADA, H&R Block and TurboTax. The most important thing about filing your…

#5 - Financial Planning: Family Needs, Financial Goals, Estate Planning Financial planning is the process of managing one's finances to meet one's goals and needs. Financial planning can be done at any age, but it is especially important for young adults starting their careers, families with children, and retirees. Financial planners can help you make a plan for your future that includes your income, expenses, savings and investments. They can also help you prepare for unexpected events such as unemployment or disability. #4 - Employee Benefits, Medical Plans and Employer Healthcare Employers are expected to provide their employees with benefits…