(Originally posted on March 29, 2016)

 

Ledgers is Opening a New Location in Airdrie, AB

 

Ledgers Canada is pleased to announce the awarding of a new franchise in Airdrie. Our newest Network Member Sharie Rideout is the proud owner.

Sharie Rideout will be up and running by the end of March, please visit their website at http://airdrie.ledgers.com for full contact information.

(Originally posted on March 29, 2016)

 

Ledgers is Opening a New Location in Charlottetown, PEI

 

Ledgers Canada is pleased to announce the awarding of a new franchise in Charelottetown. Our newest Network Member Nesta Larter is the proud owner.

Nesta Larter will be up and running by the end of March, please visit their website at http://charlottetown.ledgers.com for full contact information.

(Originally posted on March 7, 2016)

 

Do You Have CRA Tax Problems? We have a Solution!

 

Far too many small business owners have been there – GST is due or payroll taxes are to be remitted, but the employees need to be paid and the rent is due.

What do you do?

Unfortunately, most business owners, when faced with this predicament do the obvious – pay the rent and employees, CRA can wait.

When this cycle manages to repeat a few times, now you are in a big pickle.

The interest and penalties that CRA charges can seem to be insurmountable, and if your business is already struggling, how are you going to find thousands of extra dollars to meet your obligations to CRA?

If you have found yourself in this situation, you know how aggressive and demanding CRA can be.

(Originally posted on February 22, 2016)

 

Ledgers is Opening a New Location in Burnaby, BC

 

Ledgers is pleased to announce the awarding of a new franchise in Burnaby. Our newest Network Member is Albino Lara Jonguitud is the proud owner.

Albino Lara Jonguitud will be up running by the end of February, please visit their website at http://burnaby.ledgers.com for full contact information.

(Originally posted on February 3, 2016)

 

CRA’s Annual Office Audit Letter Campaign

 

We have recently been informed that it is time for the Canada Revenue Agency’s annual fishing trip! CRA will soon be conducting its seventh annual Office Audit Letter Campaign.

Starting shortly, the CRA will send approximately 30,000 “intent-to-audit” letters to selected groups of individual taxpayers and business owners who claim consecutive business or rental losses or who are employees claiming employment expenses on line 229 of their tax return. (Form T777)

The objective for CRA is to encourage recipients of the letter to take a second look at their tax returns and to determine if they have in fact made an error or oversight.

If errors or oversights are identified, CRA would then like the taxpayer to make the necessary corrections through ‘My Account’ on the CRA Website or by submitting form T1-ADJ for the relevant year(s).

CRA says the objective of these campaigns is to help small business owners and individual taxpayers to better understand their obligations and responsibilities when it comes to the Income Tax Act.

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