by FRC Team | Jan 24, 2025 | News
Early in the new year, First Richvale Corp. (FRC) recommends that individuals, self-employed professionals, and businesses throughout Ontario begin organizing financial records to help reduce complications when tax deadlines arrive. By examining relevant documents—such as receipts, bank statements, and payroll summaries—in January, taxpayers can better handle due dates, track potential credits, and prevent costly mistakes…
by FRC Team | Jan 8, 2025 | News
Canada’s capital gains tax changes are in limbo after Parliament was prorogued, but the CRA is already collecting the higher rate introduced by the federal government.
Anyone facing a significant capital gain (including investors, small business owners, entrepreneurs, and even cottage owners) now faces uncertainty and potentially higher bills when they sell. Will these tax changes in Canada actually stick, or be rolled back in the next session of Parliament?
by FRC Team | Dec 24, 2024 | News
As 2024 comes to a close, we at First Richvale Corp. want to take this opportunity to express our sincere gratitude to our clients, partners, and community. Your trust and support over the past year have been the cornerstone of our success, and we are truly honored to be a part of your journey…