Fournier Bookkeeping Solutions

06/09/2024

Navigating the financial landscape with precision, expertise, and services that are the key to unlocking your business's full potential.

Let our trusted bookkeeping services be your financial compass to success!

05/17/2024

03/19/2024

Find more time to focus on your business while we manage your books!

Fournier Bookkeeping Solutions provides the insights you need to save time and increase profitability.

Manage your numbers with ease, contact us today!

03/19/2024

The rules that govern how much income tax you’ll pay, as well as the tax credits and deductions you may be able to claim, are adjusted regularly.

Here are seven changes to be aware of in the year ahead:

1. New federal tax brackets
2. New alternative minimum tax rate
3. No more flat-rate method for home office deductions
4. EI premium rate hike
5. Basic Personal Amount increase
6. RRSP dollar limit increase
7. TFSA dollar limit increase

Learn more:
https://www.nerdwallet.com/ca/personal-finance/canadian-tax-changes-2024

03/18/2024

Times are hard! Your finances shouldn't be!

Refer an individual tax, business tax, corporate tax or bookkeeping client to us and receive a $25.00 Amazon Gift card!

03/17/2024

Skip the wait!

Contact us today to schedule your tax preparation services!

03/03/2024

Tax planning is an important part of financial planning to maximize tax reductions.

Many individuals put money into tax-free savings accounts (TFSA) before putting funds into regular savings accounts such as an RRSP, particularly if they have low income.

The tax-free savings account, as its name suggests, allows income to grow tax-free, and no tax is payable when that income is
withdrawn.

02/23/2024

It's been said there's no such thing as a free ride and, at tax time, that's as true for Uber drivers as it is for their passengers.

While it's easy to think that smaller amounts may go unnoticed, by not declaring all income to the CRA, Canadians face the risk of not just having to pony up for the full amount of taxes owing if they're audited – but they'll also be charged interest and could face substantial penalties if it's discovered.

Learn More: https://www.uber.com/ca/en/drive/tax-information/

02/16/2024

Bankruptcy risk, or insolvency risk, is the likelihood that a company will be unable to meet its debt obligations.

𝐘𝐨𝐮’𝐫𝐞 𝐧𝐨𝐭 𝐭𝐡𝐞 𝐨𝐧𝐥𝐲 𝐨𝐧𝐞 𝐰𝐢𝐭𝐡 𝐬𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐬𝐨𝐫𝐫𝐨𝐰𝐬...

The top thing you need to do is figure out exactly how much you can spend freely throughout a given month or year so you’re not affected negatively. That brings up the 𝕡𝕣𝕖𝕧𝕒𝕝𝕖𝕟𝕥 ❞𝔹❞ 𝕨𝕠𝕣𝕕...

Ｂｏｏｋｋｅｅｐｉｎｇ...

Contact us to learn how we can help your business thrive!

02/06/2024

Bookkeeping, payroll, sales taxes, unlimited support, and fixed fees are offered.

Take the stress out of your compliance and Bookkeeping!

Contact Us Now!

02/05/2024

Embracing Complexity, Delivering Clarity.

Your company isn't generic. Why should your outsourced accounting services be? Get tailored solutions to optimize your accounting and financial operations.

02/01/2024

Canadians can save for a home tax-free using the First Home Savings Account (FHSA)!!!

As of December 5, 2023, more than 300,000 Canadians have opened an FHSA to save for a down payment on their first home.

Qualifying withdrawals, including investment income on contributions and transfers, are non-taxable when withdrawn to build or buy a qualifying home.

Read More:
https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2023/saving-first-home-find-out-how-first-home-savings-account-can-help.html