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Masone and Company
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24 followers
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Are you an #accountant seeking ways to stand out from the rest? Read the article http://goo.gl/XLuHMc to find out best ways!
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Why to outsource your #payroll #accounting   Read on the article http://goo.gl/I0iy0a to know!
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Should you hire a bookkeeper or an accountant? Check this write-up http://bit.ly/hireaccountant to find out!
#hireaccountant   #hirebookkeeper   #Calgary  
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Upcoming ‪Event‬‬ in ‪Calgary‬ : Achieving Successful Outcomes & Community Support Using ‪Online Engagement‬
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AB - 2016 Personal Tax Credit Amounts:

For the 2016 tax year, the province will provide the following non-refundable tax credit amounts.

Basic personal amount ………………… $18,451
Spouse or common-law partner amount ……………… $18,451 less the spouse’s net income for the year
Age amount ……………………… $5,141
Eligible dependant amount ………… $18,451 less the dependant’s net income for the year

All credit amounts are converted to non-refundable tax credits by multiplying by 10%.
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By 2016 the federal government, including the Canada Revenue Agency (CRA), will be phasing out cheques in favour of direct deposit of all government payments to taxpayers. Taxpayers for whom the CRA had bank account information on file began receiving all payments from the CRA by direct deposit at the beginning of 2015.

Taxpayers who have not provided such bank account information to the CRA will need to do so before the end of the year, to ensure that they will be able to receive payments, including the GST credit and the Canada Child Tax Benefit, from the CRA by direct deposit.

More information on the CRA’s direct deposit program, including how to enroll, can be found on the Agency’s website at www.cra-arc.gc.ca/gncy/dd/menu-eng.html
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Cheers to the New Year! May this year fill your life with comfort, cheer and love! May the upcoming days hold many blessings for you and your family!

#HappyNewYear #newyear2016  
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May all the sweet magic of Christmas brings loads of fun & success. Wishing you all a very Happy Christmas!

#‎MerryChirstmas‬ ‪#‎ChristmasWishes‬ ‪#‎Christmas2015‬
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On November 22, the provincial government announced its overall climate change strategy, and that strategy includes the implementation of a carbon tax.

A carbon price will be applied across all sectors, starting at $20 per tonne on January 1, 2017 and moving to $30 per tonne on January 1, 2018. This price will increase in real terms each year after that. Revenue from the tax will be used, in part, to mitigate the impact of that tax on lower-income Albertans.

The carbon tax is just one component of the government’s overall plan to address issues relating to climate change, and details of that overall plan are available on the Alberta government website at: http://alberta.ca/climate/
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