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Ontario Income Tax Highlights From The 2016 Budget

The Ontario budget contained a number of changes to the Ontario personal and corporate income taxes.  The highlights are summarized below. Personal Income Tax: The tuition and education tax credits will be discontinued beginning in the fall of 2017. Residents of Ontario who have unused tuition and education tax credits available for carry-forward on December […]

Congratulations

The partners of Graham Scott Enns pose for a picture to commemorate the retirement of Bill Graham and welcome Paul Schneider and Derek Michell to the partnership. Congratulations Bill, Paul & Derek.

Tax Changes December 7, 2015 (Updated)

The government has introduced a motion in Parliament to proceed with certain proposed income-tax changes.  They have stated that the changes will take effect in 2016. The income-tax rate on Canadians earning between $45,282 and $90,563 will be reduced from 22% to 20.5%. A higher tax rate of 33% will be imposed on those earning […]

Beware of Fraudulent Communications

The Canada Revenue Agency is aware of scams being perpetrated by people claiming to be Canada Revenue Agency Representatives.  If you are contacted by the Canada Revenue Agency in any manner, phone, fax, email, text, social networking and you did not expect to be, or if they ask you for money, SIN numbers, or other personal information, […]

St. Thomas Today Spirit of St. Thomas Awards

Congratulations to our very own Bill Graham for being selected 2014 winner of the Spirit of St. Thomas award for Best Accountant. Congratulations to all of the other category winners as well who can be found at: http://www.stthomastoday.ca/default.asp?pid=1677867