calgaryprofessionalaccountant.com RSS Feed https://calgaryprofessionalaccountant.com/ Take a look at our recent blog posts and client newsletter articles. en-us Wed, 28 Jul 2021 00:00:00 -0500 Wed, 28 Jul 2021 00:00:00 -0500 When Do You Need a Tax Attorney? https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_1204

Working with a tax attorney can help you prevent further errors and ensure everything is submitted to the IRS as required.

The post When Do You Need a Tax Attorney? first appeared on www.financialhotspot.com.
Wed, 28 Jul 2021 00:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_1204
5 Questions to Ask Before Hiring a Personal Injury Attorney https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_108 When it comes to finding a personal injury attorney in the US, you might have noticed that the industry is quite crowded. It is irrefutable how tedious and overwhelming finding and hiring a personal injury lawyer can be, especially when you’re injured or experiencing the loss of a loved one. However, we cannot emphasize enough […] Tue, 27 Jul 2021 00:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_108 Questions to Ask Your Business Tax Preparer https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_1200

Consult an experienced tax accountant to avoid tax debts or the possibility of missing any available tax breaks and deductions

The post Questions to Ask Your Business Tax Preparer first appeared on www.financialhotspot.com.
Wed, 21 Jul 2021 00:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_1200
Simple Steps to Organize Your Finances https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_1196

Organizing your finances boosts your confidence and ensures that you are on the right financial track.

The post Simple Steps to Organize Your Finances first appeared on www.financialhotspot.com.
Wed, 14 Jul 2021 00:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#feed_1196
What Is the Net Investment Income Tax? https://www.calgaryprofessionalaccountant.com/newsletter.php#5 The Net Investment Income Tax tends to affect wealthier individuals, but in certain circumstances, it can affect moderate-income taxpayers too. Thu, 01 Jul 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#5 Small Business: Understanding Payroll Expenses https://www.calgaryprofessionalaccountant.com/newsletter.php#2 Whether you're a small business owner who is just starting or one who has been in business for a while - ready to hire an employee or two - here is what you should know about withholding, reporting, and paying employment taxes. Thu, 01 Jul 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#2 Settling Tax Debt With an IRS Offer in Compromise https://www.calgaryprofessionalaccountant.com/newsletter.php#4 If you owe money to the IRS, an offer in compromise could be the answer. Thu, 01 Jul 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#4 Employee Relocation: What Happens to Your Home? https://www.calgaryprofessionalaccountant.com/newsletter.php#3 Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be - when they move to a new job location. Here are some answers. Thu, 01 Jul 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#3 Advance Child Tax Credit Payments Start This Month https://www.calgaryprofessionalaccountant.com/newsletter.php#1 More than 36 million American families may be eligible to receive monthly Child Tax Credit payments starting July 15, 2021. Here's what families need to know. Thu, 01 Jul 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#1 Specified Partnership Income https://www.calgaryprofessionalaccountant.com/blog.php?id=27 Mon, 28 Jun 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=27 What are Estimated Tax Payments? https://www.calgaryprofessionalaccountant.com/newsletter.php#5 Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#5 Tips to Help You Figure Out if Your Gift is Taxable https://www.calgaryprofessionalaccountant.com/newsletter.php#3 If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#3 Tax Considerations When Selling Your Small Business https://www.calgaryprofessionalaccountant.com/newsletter.php#1 If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#1 Expat Compliance With US Tax Filing Obligations https://www.calgaryprofessionalaccountant.com/newsletter.php#4 If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#4 Changing Jobs? Don't Forget About Your 401(k) https://www.calgaryprofessionalaccountant.com/newsletter.php#2 One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/newsletter.php#2 Understanding Real Estate Sales - Capital Gain or Income https://www.calgaryprofessionalaccountant.com/blog.php?id=26 Thu, 13 May 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=26 Auto Repairs Accounting https://www.calgaryprofessionalaccountant.com/blog.php?id=24 Mon, 12 Apr 2021 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=24 Accounting for Medical Clinics https://www.calgaryprofessionalaccountant.com/blog.php?id=23 Thu, 04 Mar 2021 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=23 Law Society of Alberta's Start-Up Reporting https://www.calgaryprofessionalaccountant.com/blog.php?id=22 Mon, 08 Feb 2021 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=22 7 Tips for Being a Successful Business Owner https://www.calgaryprofessionalaccountant.com/blog.php?id=21 Mon, 11 Jan 2021 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=21 Should You Include a Trust in Your Will? https://www.calgaryprofessionalaccountant.com/blog.php?id=20 Wed, 06 Jan 2021 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=20 Basement Suite Rental Income Reporting https://www.calgaryprofessionalaccountant.com/blog.php?id=19 Mon, 04 Jan 2021 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=19 RECA Trust Audit - What You Need to Know https://www.calgaryprofessionalaccountant.com/blog.php?id=18 Tue, 15 Dec 2020 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=18 Reporting Online Day Trading Income https://www.calgaryprofessionalaccountant.com/blog.php?id=16 Mon, 02 Nov 2020 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=16 Rental Property for Non-residents - Withholding Tax https://www.calgaryprofessionalaccountant.com/blog.php?id=15 Thu, 08 Oct 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=15 Inactive Corporation: Steps to Dissolution https://www.calgaryprofessionalaccountant.com/blog.php?id=14 Mon, 14 Sep 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=14 Should I Pay Myself a Salary or Dividends from my Corporation https://www.calgaryprofessionalaccountant.com/blog.php?id=13 Tue, 04 Aug 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=13 What to Know About Proper Accounting and Taxes for a Rental Property https://www.calgaryprofessionalaccountant.com/blog.php?id=12 Mon, 06 Jul 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=12 What Non-residents Need to Know About Selling Real Property in Canada https://www.calgaryprofessionalaccountant.com/blog.php?id=11 Tue, 02 Jun 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=11 How to Prepare for Your Business Year End https://www.calgaryprofessionalaccountant.com/blog.php?id=10 Mon, 04 May 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=10 Buying a Business - Should You Buy the Assets or the Shares? https://www.calgaryprofessionalaccountant.com/blog.php?id=9 Thu, 09 Apr 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=9 Ways to Securely File Taxes with your CPA During a Pandemic https://www.calgaryprofessionalaccountant.com/blog.php?id=8 Mon, 30 Mar 2020 09:00:00 -0500 https://www.calgaryprofessionalaccountant.com/blog.php?id=8 Common CRA Pitfalls to Avoid as a Business Owner https://www.calgaryprofessionalaccountant.com/blog.php?id=7 Mon, 02 Mar 2020 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=7 Converting a Sole Proprietorship Business to a Corporation https://www.calgaryprofessionalaccountant.com/blog.php?id=6 Thu, 06 Feb 2020 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=6 How Alberta's Bill 2 Will Impact Your Business Payroll https://www.calgaryprofessionalaccountant.com/blog.php?id=5 Fri, 10 Jan 2020 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=5 What You Should Know About Income Splitting https://www.calgaryprofessionalaccountant.com/blog.php?id=4 Tue, 17 Dec 2019 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=4 Can I Write off Interest Expense on Money Borrowed to Purchase Investments? https://www.calgaryprofessionalaccountant.com/blog.php?id=3 The interest expense on money that is borrowed to purchase an investment is so often forgotten to be taken advantage of. Wed, 13 Nov 2019 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=3 Buy or Lease a Vehicle? https://www.calgaryprofessionalaccountant.com/blog.php?id=1 Learn the major difference between buying and leasing a vehicle. Wed, 13 Nov 2019 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=1 Buy a Vehicle in a Company or Personal Name, Tax Implications on Shareholder? https://www.calgaryprofessionalaccountant.com/blog.php?id=2 Buying a vehicle is a good thing as it enhances the smooth running of the business, but there are tax consequences to the shareholder if not properly managed. Wed, 13 Nov 2019 09:00:00 -0600 https://www.calgaryprofessionalaccountant.com/blog.php?id=2