Second Additional Canada Pension Plan: Exploring CPP2 Benefits and Considerations

CPP2

What is CPP2? The Second Additional Canada Pension Plan (CPP2), launched in 2024, is an excellent option for Canadian citizens and residents who contribute to the regular CPP and want to strengthen their retirement income. It allows you to contribute to a higher earnings ceiling, potentially leading to significantly higher retirement […]

Tax Credits and Tax Deductions 2024

tax credits and tax deductions

The rising living expenses and inflation are putting hardships on a lot of Canadians. Tax credits and tax deductions can help minimize the load on your finances. Also, they put more money in their pockets by saving on taxation. Every cent you can save on tax is a dollar more you […]

Are Bookkeeping Services for Small Businesses Costly?

cost of bookkeeping services for small businesses

Understanding the cost of bookkeeping services for small businesses in the Greater Toronto Area (GTA). Maintaining accurate records and understanding your financial health is crucial for any business, regardless of size. Bookkeeping services play a vital role in achieving this, offering businesses valuable insights into their financial position, profitability, and potential for […]

OAP Canada: Learn About Old Age Security Canada

OAP Canada

As individuals approach their golden years, financial stability becomes a paramount concern. Canada’s social security system includes the Old Age Pension (OAP Canada), which plays a crucial role in supporting seniors during their retirement. In this blog post, we will delve into the intricacies of Old Age Security Canada, exploring its […]

How Payroll Payroll Processing Services Cuts Costs & Fuels Growth

payroll processing services beneficial

Managing your company’s payroll can feel like navigating a labyrinth, with the potential for trouble looming if the process goes awry. The solution to this challenge? Hiring the expertise of professional payroll processing services. In addition to serving as payroll management between your firm and government institutions responsible for payroll taxes, […]