As a self-employed individual, freelancer, or incorporated contractor in Canada, managing your taxes in 2025 is essential for keeping your hard-earned money ...
12/25/2024
Hello Business Owners! Want to keep your books audit-ready? Here’s how to ensure your finances stay in top shape:
✅ Organize Receipts & Invoices: Keep everything neatly filed and easily accessible for when you need it.
✅ Use Accounting Software: Streamline your financial tracking and ensure accuracy with digital tools.
✅ Reconcile Bank Statements Regularly: Make it a habit to match your records with your bank statements to catch discrepancies early.
✅ Document Every Transaction: Clear, detailed records help prevent confusion during audits.
✅ Stick to a Consistent Bookkeeping Schedule: Regular updates keep your books accurate and easy to manage.
✅ Stay Up-to-Date on Tax Regulations: Keep informed on changes to tax laws to remain compliant.
✅ Back Up Your Data: Protect your financial records with secure backups to avoid data loss
Call now to connect with business.
12/24/2024
🎄✨ Merry Christmas from Your Calgary Tax Experts! 🎅🎁
Wishing you and your loved ones a joyful holiday season filled with peace, happiness, and warm memories. As we look ahead to the new year, we’re here to help you prepare for a stress-free and successful tax season.
Thank you for trusting us with your tax needs. Here’s to a Merry Christmas and a prosperous New Year!
🎉 Stay safe, stay warm, and enjoy the holiday magic! 🌟
Warm regards,
Mona Kabir | Accountant
12/20/2024
🚨 Get Ready for Tax Season! 🚨
The upcoming tax season is fast approaching, and now is the perfect time to prepare. Whether you're an individual, self-employed, or run a business, we’re here to ensure your tax filing is smooth and stress-free.
💡 Why wait? Take advantage of our expert services early and avoid the last-minute rush. We’ll work with you to optimize your tax situation and make sure you get the best return possible.
Special Offer: Book your appointment now and enjoy a discount on tax filing services when you schedule before February 10, 2025!
Don’t let tax season catch you off guard—contact us today and let’s get started! 📞💼
12/18/2024
What You Need to Know About Tax Season 2024
Tax season 2024 is approaching, and it's important to stay informed. Be aware of any changes to tax laws, deadlines, and deductions that may impact your filing. Whether you're filing personally or for your business, make sure your documents are in order to avoid delays or penalties. Get ahead this year—contact us for expert tax filing assistance!
12/18/2024
Federal Tax Bracket Rates for 2024
According to the Canada Revenue Agency (CRA, these are the federal tax rates for tax year 2024:
15% on the first $55,867 of taxable income
20.5% on taxable income over $55,867 up to $111,733
26% on taxable income over $111,733 up to $173,205
29% on taxable income over $173,205 up to $246,752
33% on any taxable income over $246,752
Provincial/territorial tax bracket rates 2024
Alberta:
10% on the first $148,269 of taxable income
12% on taxable income over $148,269 up to $177,922
13% on taxable income over $177,922 up to $237,230
14% on taxable income over $237,230 up to $355,845
15% on taxable income over $355,845
12/14/2024
Tax Planning for Individuals: Start Early!
Start planning ahead to make filing your tax return next year simpler and more efficient. Tax planning should be a year-round focus. If you own a business or have substantial wealth, it's essential to consult with a Accountant, CPA or Tax specialist or a Tax lawyer for professional advice. Remember, tax planning should never be left to the last minute.
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In 2007, a person with a vision entered through the Self Employed Benefit Program (OSEB) offered by the Govt. of Ontario. That created Small Business Quality Solutions (SBQS) as an entity. Expert advice from the OSEB panel helped shape vision, mission and business plan.
Since then, the company has been serving the Canadian business. For over ten years, SBQS offered Web design, Hosting and Domain Registration services. Two years ago, the company moved from a Proprietary to a Limited one. Furthermore, the company extended her service to Accounting, Bookkeeping, Tax Filing, and Graphic Design.
Mission:
At SBQS, our mission is to provide quality services at an affordable price.
Services:
At SBQS, our team provides Web design, Graphic Design, Search Engine Optimization (SEO), Accounting, Bookkeeping, Payroll, and Tax Filing Services. In addition, we provide obligation free consultancy services to startup businesses.
We understand the pain of the startups when it comes to deciding on the business type. As a result, people get frustrated and often that ended with a quit. For the reason that we offer three most important services so your probability of success goes higher.
Regardless of the size of the business, we offer solutions that are best in the market today. Furthermore, we continuously improve to better serve our customers.
Experience:
Since 2007, we have provided superior service to our clients and have assisted them in achieving their goals. Our expertise in WordPress and Joomla helps build custom websites as quickly as possible. Our specialty is building responsive designs that look amazing on desktop, tablet, and smartphone.
Since 2018, we have been providing tax filing, bookkeeping, accounting services to our Calgary clients. In addition, we have been providing Graphic Design and Photo Editing services to some of our valued customers too.