by ABS Professionals | Jan 21, 2017 | Blog
With tax season almost upon us, we wanted to compile a definitive list of all tax filing deadline dates to help with your preparation. Below you’ll find a list of the year’s most important deadline dates with an explanation of what is due.
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by ABS Professionals | Dec 2, 2016 | Blog
More Alberta jobs were lost and more Albertans were looking for work in November 2016, pushing the unemployment rate to the highest it has been in over 22 years.
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by ABS Professionals | Nov 25, 2016 | Blog
Employment in Canada’s retail sector will hit a 12-year low this year as companies adopt technology and trim costs in response to weak growth in consumer spending, says a new report released Tuesday.
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by ABS Professionals | Nov 25, 2016 | Blog
There are so many things to handle with during the time of the divorce that taxes and their implications are placed to the bottom of the list. In most cases there are assets that need to be divided up amongst the couple, and one of the ways that can be advantageous to both is to consider the after-tax cost of these assets.
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by ABS Professionals | Nov 20, 2016 | Blog
Every year, losing weight becomes one of the top New Year’s resolutions made by Canadians. But let’s face it – the only thing getting slim around the holidays is our wallets.
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by ABS Professionals | Nov 20, 2016 | Blog, Money
Statistics Canada says the consumer price index in October was up 1.5 per cent compared with a year ago.
That compared with an increase of 1.3 per cent in September.
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by ABS Professionals | Nov 18, 2016 | Blog, Money
Black Friday is almost here. For years, retailers have rolled out huge sales (and pre-Black Friday deals) in honour of the day after Americans celebrate their Thanksgiving. The tradition began in the United States, according to Snopes, because retailers wanted to capture the millions of consumers who get the day off (hello, holiday shopping!). But today, more and more countries are embracing the massive shopping event.
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by ABS Professionals | Nov 18, 2016 | Articles, Blog
In an economy that is still, quite obviously, recovering from the downturn in 2008 the unemployment rate across the country has proven to be a roller coaster ride.
Despite adding a reported 26,200 jobs in August the unemployment rate is still climbing to levels that have been seldom seen.
The boon in August was severally offset by the loss of over 31,000 jobs in July and the full number now hovers around 7% unemployment which is up from the 6.9% in July.
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by ABS Professionals | Aug 29, 2016 | Articles, Blog
Summer has flew by and now it’s time to start thinking about the Fall. Every season brings some changes to our lifestyles and at the same time changes to our finances.
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by ABS Professionals | Jul 27, 2016 | Articles, Blog
In this day and age of 24/7 connectivity and social media passion most people are aware of the fact that there are people around the world who spend every waking moment trying to figure out ways of parting you with your hard earned money in any way possible. One way of doing this is to steal the identity of an individual and then taking out loans and mortgages in that person’s name without their knowledge.
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by ABS Professionals | Jun 5, 2016 | Blog, Tax Preparation & Filing
If you are a home business owner, you can benefit from the tax preparation services offered by Accountable Business Services (ABS) ABSPROF a professional accounting and tax firm. Our knowledgeable, dedicated team has the tools and skills to prepare your taxes in a timely and efficient fashion.
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by ABS Professionals | Jun 5, 2016 | Blog, Bookkeeping
Would you like to have the freedom to take care of business without having to think about the day-to-day tasks that are essential to the success of your business? Accountable Business Services (ABS) ABSPROF can help you with every aspect of your tax preparation and planning, including individual, partnership and corporate tax returns. We also offer a complete range of Calgary bookkeeping and accounting services.
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by ABS Professionals | Jun 5, 2016 | Blog, Tax Preparation & Filing
Whether you’re a business owner in Calgary, Edmonton and Red Deer, AB, or a private citizen, tax preparation is something that no one looks forward to. That’s why Accountable Business Services (ABS) ABSPROF is prepared to take that task off your hands and get it done quickly and efficiently. We have the knowledge and the cloud technology to untangle even the most complex financial data and crunch those numbers in no time.
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by ABS Professionals | Apr 21, 2016 | Articles, Blog
Alberta’s Finance Minister, Joe Ceci, delivered the new provincial budget, forecasting an almost $58 billion debt within 3 years.
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by ABS Professionals | Apr 19, 2016 | Articles, Blog
It is astonishing just how many people figure that they have a good handle on the requirements for their tax filing. Yet there are thousands of taxpayers that end up doing their taxes wrong or end up losing some potential savings because of their wrong assumptions. There are some very common tax issues that you should be aware of for your boosting up your income tax knowledge, and if you don’t boost up your basic income tax knowledge than it will cause you problems.
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by ABS Professionals | Apr 6, 2016 | Articles, Blog
This is one budget that a lot more people were uneasily waiting to see than perhaps those that had taken place previously. This is because of all of the promises that were made on the campaign platform by Prime Minister Trudeau.
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by ABS Professionals | Apr 5, 2016 | Blog, Tax Planning & Strategies
As average tax payers we often gripe about how some of us have to pay substantial tax yet those that really can afford it seem to be paying very little. We all know that this comes down to what is commonly known as tax loopholes.
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by ABS Professionals | Mar 29, 2016 | Blog, Tax Preparation & Filing
A Paperless Tax Office is a work environment in which the use of paper is eliminated or greatly reduced. This is done by converting your tax documents and other accounting and bookkeeping papers into digital form. Advocates claim that “going paperless” can save money, boost productivity, save space, make documentation and information sharing easier, keep personal information more secure, and help the environment. The concept can be extended to communications outside the office as well.
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by ABS Professionals | Mar 23, 2016 | Articles, Blog
No matter how big or small your business is you have to do some form of marketing in order to drive up your business. If your business is an online entity then you have many more advantages to you when it comes to marketing with prices being far more reasonable. However, there will always be some form of cost involved if you want to run the marketing campaigns that are going to have the outreach that is necessary to bring you the results.
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by ABS Professionals | Mar 20, 2016 | Blog, Cloud Technology
Whether we like it or not technology is here to stay and almost everyone when it comes to their taxes is now going to have to develop some skills when it comes to automation and the government. The Canada Revenue Agency (CRA) is sharply encouraging its automation tactics that they’re at present applying. The automation comes in many different forms and you are going to be hearing a lot about the E–services when it comes to the CRA.
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