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The Importance of Updating Your Accounting Software

The Importance of Updating Your Accounting Software

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As our work at GGFL reaches its annual peak, we are reminded how important it is for our clients to be using up-to-date software to store and transmit their financial data.

Updated, supported software means a safe and secure home for a company’s financial data. Updated software also means compatible systems, and that the marriage of your financial data with your accountant’s software is seamless and time efficient.

Tax Facts for Ontario Residents

Tax Facts for Ontario Residents

2017 – 2018 tax rates on corporate income, RRSP limits, prescribed interest rates, automobile amounts, personal tax brackets for salary and dividends, TFSA, CPP and EI limits, pension splitting with spouses, Workplace Safety & Insurance Board (WSIB), and clawback of Old Age Security.

Five New Year’s (Financial) Resolutions for 2018

Five New Year’s (Financial) Resolutions for 2018

We all have different goals in life. However, whatever stage you’re at, there are some financial fundamentals that will help you achieve your goals. At the outset of 2018, GGFL staff accountant Cara Brown offers her top five financial resolutions.

Gifts of stock when donating to charity: A win-win option

Gifts of stock when donating to charity: A win-win option

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Note: Deadline for eligibility is December 31st of every year. By Paul Morton, CPA, CA, CFP, TEP This being the season of giving and receiving, let’s consider the advantages of donating a piece of your stock portfolio to your favourite charity. Donating stock to charity can be an ideal and relatively easy method of giving […]