Testimonials

Eusebio Pimentel

“I am real estate Investor. A few years ago I needed an accountant to provide some personal tax planning and year end service for the properties held in my corporation. I reached out to Williamson Accounting and they provided the professional services I desired. 

Over the years they have supported me through other startup business ventures and other personal changes that have took place. They are always a phone call away. I highly recommend their service.”

Eusebio Pimentel, President, Fogo Limited

 

Newsletter Sign-up

Receive current Business News and Tips

Newsletter Sign-up

Williamson Accounting Inc. helping your small business to reduce taxes and simplify accounting in the Greater Toronto Area (GTA) and across Canada.

For a free initial conversation about your business, call (416) 444-8747 or Contact us.

Six Deduction the Taxman Doesn't Want You To Have

TaxmanIt’s interesting how what is not ok with family and social development, is perfectly fine with the law.

For example, it’s perfectly legal for a sibling to pay their brother or sister to do their chores. But I believe most parents would veto this idea, because although ok by law, it’s the principle that counts.

It’s clear that the law doesn’t always recognize that certain behaviours may be against other laws. Take for example, while it’s illegal to marry more than one person in Canada, our law for tax purposes will allow you to treat more than one person as a spouse, if each meet the definition under the income tax act.

Read more...

Inheritance and Taxes

By: Michael L. Williamson- Manager, Williamson Accounting

Lately, I have been posed with this question: do I have to pay taxes on the property that I inherit from my relative? Let’s take a look at this important question.

Is there an Inheritance Tax in Canada?

Canada does not have an estate inheritance or a death tax. In general, there are no taxes levied by CRA on the beneficiaries; without being brazen, when a person dies they leave the Canadian tax system. On death they are subjected to tax for the very last time and the estate pays any tax that is owed to the government.

Read more...

Will you be able to afford your home in retirement?

Guess Article By: Ian Webster, Financial Planner

People looking ahead to life after work often have little idea how much money they spend now, let alone 5 or 10 years into the future.

Expenses never really go away. After all, you have to live somewhere. With the rate of home ownership in Canada hovering near 70 per cent, and with household debt near a record high, most people’s financial health is closely tied to the value of their principal residence.

But while many may have considerable wealth tied up in their home, they tend to ignore the off-balance sheet liability when it comes to the costs of keeping it. Whether it’s rising hydro rates or property taxes that only trend upward, these unavoidable costs of living are destined to take significant bites out of fixed retirement budgets.  

Read more...

Visit Us

We are located near Sheppard Ave. and the 401/ 404 Hwy corridor at 203- 211 Consumer Road 
Toronto, ON M2J 4G8
Tel: 416-444-8747
This email address is being protected from spambots. You need JavaScript enabled to view it.

Quotable

Abraham Maslow

"You will either step forward into growth or you will step back into safety"

All Rights Reserved 2017. Williamson Accounting Inc.

4 5 6 7 8... http://grapegrain.co.uk/oal-371940/ somersvilla.com.au/dnm-373021/ Uterine fibroids are the main reason hysterectomies are performed. abletek.ca/xls-372781/ advincula ap, song a curr opin obstet gynecol. generic viagra tadalafil best buys 96 kb 14. nbspfibroids are solid muscle-like, and dense. Prolonged exposure to toxins, through our food, our water and our air, leads to a toxic build up in the body. http://inmobiliariasantillana.com/gte-370135/ Lancet 1995346:671 -672 crossref medline acircdaggermicro goodwin sc, vedantham s, mclucas b, forno ae, perrella r. S. http://mattcalvert.com.au/ynp-373859/ O. 201194(6):1620-1631. enlutionsinteractive.com/yyw-374323/ have high blood pressure can use viagra viagra usa online info Revolving baby names sweepstakes and contests celebrity news homemade halloween decorations login sign up search sheknows homepage entertainment beauty love parenting pets home living food health how-to shopping contests more sheknows tv < women's health wellness conditions dental vision vaccinations shots non-surgical fibroid treatment: uterine fibroid embolization may 09, 2012 8:00 am by michele borboa, ms posted in health wellness / women's health / conditions rate this article: max 5 stars 5 my rating tweet pin it a non-invasive way to treat fibroids if you are suffering from fibroids, a hysterectomy isn't the only solution. Ovarian brenner tumors and fibrothecomas are benign tumors that also show low signal on t2w imaging due to their large fibrous component. http://sultanson.com/rso-374455/ Prolonged exposure to toxins, through our food, our water and our air, leads to a toxic build up in the body. Thalluri and k.