Are you too busy to get organized?
At Cope, Barrett & co. Certified General Accountants we help business owners get organized and stay organized.
Our professional firm offers business solutions, financial statements, book keeping and tax planning, so that you can make sound decisions, and be prepared for the future. Let us help you get there.
Call us today to book your consultation. We are your one stop business solution.
- Get your Small Business or Corporate tax return in- when and how?
The filing deadline for the self-employed and their spouses is by June 15, 2011 and May 2, 2011 is when the interest on any amount owing will begin to build. If you need help to organize your business information or general information about what you can claim as business expense feel free to contact us! The deadline for incorporated business is 6 months after the year end date, but interest on amounts owing starts 3 months after year end.
Budget 2011- Conservative Budget Proposals include:
• Children’s Arts Tax Credit – The budget proposes a new non-refundable $500 tax credit, beginning in 2011, for enrolling a child under age 16 in a supervised program associated with children’s artistic, cultural, recreational or developmental activities. Either parent can claim the credit for each child. The credit would result in a maximum federal tax savings of $75 per child. An enhanced credit may be claimed for children under age 18 who are eligible for the Disability Tax Credit.
• Tuition Tax Credit for Examination Fees – The budget proposes to amend the tuition tax credit to recognize eligible examination and ancillary fees paid in 2011 and subsequent years to obtain an eligible professional status.
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