Small business hiring credited extended through 2012 (May 2012)
While it didn’t get a lot of attention in the coverage of the
2012-13 federal Budget (brought down at the end of March), one of
the budget announcements was definitely good news for the small
bu...
The high cost of driving—is there tax relief available? (May 2012)
As gas prices across Canada climb past the $1.30/litre mark, and
some predictions are for $1.50/litre (or higher) gas costs by the
summer, consumers are looking for just about any way to reduce
their ...
Fixing a mistake on your tax return … after it’s filed (May 2012)
By now, most Canadian taxpayers (except the self-employed and their
spouses, who have until June 15) will have filed their 2011 income
tax returns. It’s quite often the case that a taxpayer
will...
Understanding the recent changes to Old Age Security (May 2012)
Of all the measures announced in the 2012-13 federal Budget brought
down on March 29, it was the changes to Canada’s Old Age
Security (OAS) system which will likely have the greatest impact on
t...
Getting a tax assist for summer child care costs (June 2011)
As June arrives and the end of the school year is in sight,
families that do not have a stay-at-home parent have to make plans
for keeping the kids busy and supervised over their summer
vacation. Ther...
Moving expenses—what’s deductible and when? (June 2011)
While interest rates remain low, an increase in those rates and,
therefore, in the cost of carrying a mortgage is clearly on the
horizon. In addition, changes made by the federal government to
mortgag...
Carrying debt into retirement (June 2011)
When Canadians plan for retirement, the focus is usually on
amassing sufficient savings to last them through their retirement
years. However, keeping a handle on expens...
Household debt of Canadian families reaches new levels (May 2011)
It’s no secret that Canadians have, over the past decade or
so, taken on an unprecedented level of personal and family debt. An
extraordinarily low interest rate environment, the increased av...
What happens after you file that tax return (May 2011)
By now, most Canadian taxpayers (with the exception of the
self-employed and their spouses, who have until June 15) will have
filed their 2010 income tax returns. Once the Canada Revenue Agency
(CRA) ...
Pension income splitting (April 2011)
Unlike contributing to an RRSP or a tax-free savings account
(TFSA), the idea of splitting pension income as a tax-planning
strategy doesn’t get a lot of attention in the media.
That’s unf...
Filing on time—and the costs of being late (April 2011)
It may seem like an obvious mistake to avoid, but every year some
taxpayers pay unnecessary (and non-deductible) penalties and
interest for no reason other than that they simply didn’t get
the...
Getting your return in–when and how? (March 2011)
If the constant flow of television commercials reminding taxpayers
of the upcoming RRSP contribution deadline wasn't enough, the
arrival of the 2010 tax return form and the issuance of tax
informat...
TFSAs and RRSPs—making the annual choice (February 2011)
It's that time of year again, when advertisements about the wisdom
of contributing to your RRSP (and usually about the benefits of
borrowing to do so) fills the airwaves and Web sites. And, since
the ...
Newsletters
Welcome and thank you for visiting our website. In addition to providing you with a profile of ProVerus LLP and the services we provide, this website has been designed to be a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
As you browse through our website, you will see that we have not only highlighted background information on ProVerus LLP and the services we provide, but have also included useful resources such as informative articles (in our Newsletters section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external websites that we felt would be of interest to our clients and visitors (in our Links section).
While browsing through our website, please feel free to contact us with any questions or comments you may have - we would love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.
