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Insurance, Warranties And Miscellaneous Records: What To Keep And How Long To Keep Them (Part 4)

by firsttax_admin | Nov 1, 2016 | General

Once again, we advise that you hang onto items like insurance documents, warranties and miscellaneous records, so that when you’re going to really be ready to claim all the tax deductions, and other benefits made available to you by the CRA. In this post, we’re going...

Annual Tax Deductions: What To Keep And How Long To Keep Them (Part 2)

by firsttax_admin | Nov 1, 2016 | General

Another, very important set of records you will have to keep in order to safeguard yourself from the trouble with the CRA, is the Annual Tax Deductions. You’ll need them to show that you’re eligible for a tax credit or a tax deduction. We’re going to show you some of...

Home Sale Records: What To Keep And How Long To Keep Them (Part 1)

by firsttax_admin | Oct 21, 2016 | General

When the tax season comes around, it’s important that you have all the necessary documents you need to ensure that you can accurately file your taxes to the CRA. In this article, we want to show you some of the tax and financial records you need to safely keep, in...

The Results Of Failing To Back Up Tax & Financial Records

by firsttax_admin | Oct 14, 2016 | General

If you don’t back up your tax or financial records, you are likely to face a number of problems when tax season comes around. You need to know what the important documents are and why you need to keep them. If you don’t back them up, then you’ll be likely wasting time...

Great Tax Saving Tips For Small Businesses At The End Of The Year

by firsttax_admin | Oct 11, 2016 | General

If you want to learn about the smart tricks you can use to save money on your tax fees for the end of the business year, then you need to pay some careful attention to this post. In it, we are going to show you some strategies that are useful for minimize the amount...

The Best Business Strategies For Reducing Your Income Tax

by firsttax_admin | Oct 7, 2016 | General

Paying your income taxes can be a huge burden for your small business. You still have to pay it though, or else you will be fined and you’ll have to pay a whole heap more money to compensate. Since you can’t avoid income taxes, you should at least try to determine how...
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