Taxes

Understanding the Differences Between Federal and Provincial Taxes in Canada

As a Canadian taxpayer, it’s important to understand the differences between federal and provincial taxes. While both levels of government levy taxes on individuals and businesses, they do so for different purposes and at different rates. Federal Taxes The federal government is responsible for collecting taxes that fund national programs, such as healthcare, national defense, …

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Tax Time Worries:  3 Reasons You Should Let a Professional Handle Serious Tax Concerns

Because of the many software programs and online tax prep applications available today, many people today regularly file their own tax returns rather than seek professional assistance from an accountant. Some people have very simple returns, such as if you only have one W2 and no other relevant information that needs to be reported on …

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