COVID-19 UPDATE: January 2020
UPDATED: July 14th, 2021 OUR OFFICES ARE OPEN BY APPOINTMENT ONLY. We have implemented recommended COVID-19 protocols and will be limiting the amount of people in the office at one time. As per Huron-Perth Health Unit Guidelines we require that you wear a mask when entering our building and that you sanitize your hands atContinue Reading
How to Claim Rent on your Taxes & A FREE RESOURCE
If you pay rent you may qualify for the Ontario Trillium Benefit. Use our free Rent Receipt to make sure you can claim it.Continue Reading
Caregiver Tax Credits: A Series with the Alzheimers Society
Earlier this year, the Alzheimers Society of Ontario reached out to Hayter & Associates owner Glenn Hayter to create some content based around Caregiver Tax Credits. Together they created a three part series of articles to help the thousands of families in Ontario that are caregivers for those with Alzheimers and Dementia. The series pertainsContinue Reading
Tax Tips + Articles from CRA
Every month or so, the Canadian Revenue Agency releases new tax tips and information on their website. The site is constantly updating to cover a wide variety of pertinent topics. Simply follow the link below, click on the current year, and you can view all of the articles and tips written about your tax obligations.Continue Reading
When Should you Retire?
Often the questions isn’t when should you retire, but when can you retire. We’re living longer as a society, and government programs like pensions lag behind advancements that contribute to life expectancy; they were set up to provide security for 15 years, not 30. American author and personal financial guru Suze Orman recently published anContinue Reading
Proposed Tax Changes & Your Farm
By now, you have probably heard that the Department of Finance has proposed some significant changes to the Lifetime Capital Gains Deduction, Income Sprinkling and other new rules involving corporations and trusts. These changes will affect farmers across the country immensely. Take a moment to read the article below written by Kingston Ross Pasnak L.L.P.Continue Reading
Do you need a Financial Advisor, or an Accountant?
Make sure your finances are covered by enlisting the help you need. This article written for Investopedia below gives a great summary of whether you need a financial advisor, an accountant, or both – and how they’re different but complimentary. Take a look and let us know what you think in the comments! http://www.investopedia.com/advisor-network/articles/do-i-need-financial-advisor-accountant-or-both/Continue Reading
5 things to consider before signing an employment contract
Employment has a different face for everyone. Some are employed, some self employed, some come with strict contracts, and some come with awesome benefits. Here are 5 important things to consider before signing with your next employer or contractor. First of all – are you self-employed, or are you an employee? CRA has a guideContinue Reading
Self Employment – What you need to know come tax time.
First of all – are you self-employed, or are you an employee? CRA has a guide for determining your status, click HERE to view it. As a freelancer or a self employed individual, your take-home pay is going to look a lot different than if you were an employee somewhere. Typically there’s no taxes, pension,Continue Reading