R&R Accounting, Payroll and Tax Services

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R&R Accounting, Payroll and Tax Services We are specialized in individual and small business tax preparation, bookkeeping, payroll processing

One of the most common issues first-time tax filers face is, Remember the following text: "Submitting their worldwide in...
07/23/2024

One of the most common issues first-time tax filers face is, Remember the following text: "Submitting their worldwide income to the Canada Revenue Agency." (CRA).
Sometimes, you must wait for two or more hours on the phone to provide this information.

Sending the same data by submitting an RC 151 by post also doesn't work many times.

The best solution is to submit the information through your CRA my account. Here's a 2-minute video on how to do it.

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Canada Revenue Agency sends a letter specially to immigrant first-time tax filers, saying that they cannot calculate the CANADA CARBON REBATE, GST/HST credit...

05/28/2024

Since April 16, 2024, the maximum amount that may be withdrawn under the RRSP Home Buyer’s Plan has been increased from $35,000 to $60,000. In addition, taxpayers who make an HBP withdrawal between January 1, 2022 and December 31, 2025 will not have to start making repayments until five years after the year they make the withdrawal – up from two years previously. For taxpayers who make a withdrawal in 2024, the first year of repayment will therefore be extended from 2026 to 2029

https://youtu.be/fOttowxTsws
03/02/2024

https://youtu.be/fOttowxTsws

This video shows how to download the uber annual tax summary slip to get the summary of your earnings during the year

It's Tax time
02/24/2024

It's Tax time

https://youtu.be/kB4uH9Jm1-I
01/28/2024

https://youtu.be/kB4uH9Jm1-I

This video explains how the form T2200 Declaration of Conditions of Employment needs to be correctly filled to claim work-from-home expenses, and travel expe...

https://youtu.be/dHBGCeGos-k
01/21/2024

https://youtu.be/dHBGCeGos-k

CRA has made some changes to the work-from-home tax credit. This video explains the changes in brief

https://youtu.be/UpyNznH_-6c
01/03/2024

https://youtu.be/UpyNznH_-6c

Sri Lankans living abroad, (I have spoken about Canada here), have questions about the recent inland revenue department's registration requirements. I have p...

01/24/2023
New to Canada?
01/24/2023

New to Canada?

Address

1345 Morningside Avenue
Scarborough, ON
M1B5K3

Opening Hours

Monday 10am - 8pm
Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10am - 7pm
Friday 10am - 7pm
Saturday 10am - 7pm
Sunday 10am - 7pm

Telephone

+14163024221

Website

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