ON – 2012 Corporate Tax Rates As of January 1, 2012, Ontario levies a general corporate tax rate
of 11.5%, with that rate currently scheduled to be reduced to 11%
effective July 1, 2012.The small business threshold is $500,000,
an...
ON – Personal Tax Credit Amounts for 2012 For 2012, the province will provide the following non-refundable
personal tax credit amounts:Basic personal amount
………………………&he...
ON – SR&ED seminar schedule for 2011/12 The Ontario Ministry of Revenue, in conjunction with the Canada
Revenue Agency (the CRA), sponsors free seminars which provide
information on scientific research and...
ON – Tax credits and benefits Web site expanded The Ontario Ministry of Finance has posted on its Web site a
summary of the individual tax credits and benefits currently
provided by the province, together with information on the
individual and f...
2011 individual income tax package available online The individual income tax package for the filing of personal tax
returns for the 2011 taxation year is now available on the Canada
Revenue Agency Web site....
2011 T2 corporation income tax guide issued by the CRA The Canada Revenue Agency (CRA) has issued the income tax guide to
be used by Canadian corporations in completing their corporate
income tax return for the 2011 tax year.The guide is current...
Automobile deduction limits and expense benefit rates for 2012 The Department of Finance has released the automobile expense
deduction limits and the prescribed rates for the automobile
operating expense benefit that will apply in 2012, and they are as
follows...
Eco-ENERGY retrofit program ends early The Minister of Natural Resources has announced that, as of January
28, 2012, his department has stopped accepting new registrations
for the federal EcoENERGY retrofit program. The program was orig...
Guide issued for e-filers of 2011 individual income tax returns The Canada Revenue Agency (CRA) has issued its guide for e-filers
of individual income tax returns for the 2011 tax year. The guide
outlines federal and provincial/territorial changes to the tax
re...
Inflation rate stands at 2.5% for January 2012 The latest issue of Statistics Canada’s Consumer Price Index
release shows that prices rose by 2.5% for the month of January
2012, as measured on a year-over-year basis. The rate for
December...
New CPP election form now available on CRA Web site Beginning in 2012, changes to the Canada Pension Plan will be made
which will affect Canadians who are between the ages of 65 and 70
and, although currently receivin...
Obtaining tax information slips online Recipients of certain types of government benefits, including Old
Age Security, Canada Pension Plan, and Employment Insurance can
obtain the tax information slips (T4A (OAS), T4A(P), T4E) needed
to...
Prescribed interest rates for 2012 The Canada Revenue Agency (CRA) has announced the interest rates
that will apply to amounts owed to and by the federal government
for the first quarter of 2012, as w...
Welcome to TAS Ontario. We specialize in offering accounting, income taxation and business advisory services to individuals and small businesses with revenues from $nil (start-ups) to $5 million. From the filing of personal T1 income tax returns, to the compilation of financial statements and filing of T2 corporate income tax returns, to assistance with complex transactions (e.g. business mergers, valuations, rollovers)...regardless of the engagement type...we take pride in the personal approach we take towards all services provided to our clients.
Our specialty in commercial leasing ensures the tenancy rights of our small business clients are fully protected during lease negotiations with a new or existing landlord. And, as Simply Accounting Gold Certified Consultants, our bookkeeping support services range from initial file setup, to hands-on training in data-entry and on-going technical support, to the maintenance of your company's books and records...we're here to provide the level of service that YOUR business requires to ensure its success.
The 6-12 hour workshops offered through our Small Business Learning Centre aim to empower small business owners with the accounting and business knowledge to enable them to take charge of their operations and save money. Offerings include Basics of Accounting & Bookkeeping , Electronic Bookkeeping, Financial Statement Analysis for Small Business Owners, Basics of Taxation and The Business Plan - Your Success Blueprint. All of these workshops assist attendees in developing a better understanding of the concepts necessary to make timely, informed business decisions.
Our mission is Simple...To Make YOU and Your Business Our Priority!
