What’s new for 2016

We list the service enhancements and major changes below, including announced income tax changes that were not law. If they become law as proposed, they will be effective for 2016 or as of the dates given. Our services MyBenefits CRA – This is a new mobile application that lets you securely […]

Financial Statement Preparation

What Makes us Different? At Billah & Associates Inc. Professional Corporation we can give you the competitive edge to succeed in today’s challenging business environment. We take the time to create a partnership with you and your organization, understand your needs and environment. Together we can help each other succeed in […]

Personal Tax Returns

For personal income tax returns we will compile your return based on the information received and then contact you by phone to discuss the results and to ask or answer any additional questions. Every return is prepared by a staff accountant and then each return is professionally reviewed in order to […]

Director

Director & Personal Liability In a Tax Alert titled “Abuse of Source Deductions and GST/HST Amounts Held in Trust” CRA warned that businesses must hold source deductions and GST/HST amounts in trust for the government. Penalties and interest and possibly personal liability for the directors will be the result if this […]

Tax Resources

CRA “My Business Account” The Canada Revenue Agency is constantly improving its online resources for taxpayers. You can view and print Notices of Assessment, check account balances and much more. For business owners, these resources can be very helpful. You can access them through the “My Business Account” portal. If you […]