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Featured Client: Studio 3 Media

February 27th, 2013

Studio 3 Media is a full service digital casting facility located in Vancouver, BC for use in principal casting of Commercial, Episodic Television, Made for Television Movies and Feature Films. In addition, they are home to a variety of ongoing acting classes & workshops for adults and kids alike that are taught by recognized industry […]


Posted by: nalh
Categories: Client News,Newsletter Articles
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Book of the Month: Make Sure It’s Deductible

February 25th, 2013

You earned it, now keep it! Maximize your profits by getting the most out of every tax deduction. No matter what kind of small business you have, you owe it to yourself to take advantage of every legitimate business deduction and personal tax planning advantage at tax time. In the newly-updated fourth edition of Make […]


Posted by: nalh
Categories: Consumer Tips,Newsletter Articles,Recommended Reads,Tax Tips
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How to Inspire An Ownership Spirit Among Employees

February 22nd, 2013

Many business owners wish their employees shared the same level of passion for their business as they do. And, in spite of their best efforts, many companies are just not able to inspire their teams to go that extra mile and truly give their all at work. By the same token, there are some companies who defy […]


Posted by: nalh
Categories: Business Tips,Newsletter Articles
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Service Industry Gets Surprise Reality Check from CRA on Tips

February 20th, 2013

While many people are not aware, tips and gratuities such as those earned by restaurant servers, hairdressers and other service professionals are considered taxable income by Canada Revenue Agency. There is a myth that a server’s tips is equal to about 10% of their wage is a serious miscalculation, with most servers earning 100-200% and […]


Posted by: nalh
Categories: Newsletter Articles,Tax News
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Are You Paying Too Much Tax? Recent Information from CRA Suggests Many Canadians Are

February 18th, 2013

No one likes to pay more taxes than they have to, but information recently released by Canada Revenue Agency shows that the average amount of income tax refunds Canadians received is up by $70 over the previous year. This means that, throughout the year, Canadians are overpaying in withholding taxes to CRA. In fact, just […]


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Categories: Consumer Tips,Newsletter Articles,Tax Tips
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Featured Client: As You Like It Media

February 15th, 2013

As You Like It Media Inc. is based in Vancouver, which allows them to draw upon the mixture of urban cosmopolitan energy and awe-inspiring Pacific coastline to give a unique energy and style to their productions. Scott Alpen and Sheila Allan are principal partners at As You Like It and they work with talented and […]


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Featured iPhone App: Mortgage Calculator Pro

February 13th, 2013

Mortgage Calculator Pro is a quick and easy-to-use calculator for brokers, realtors, and home buyers. Within seconds, you will be able to calculate the monthly payment for a mortgage, car payment, credit card, or other types of fixed rate loans. Features of the app include: Ability to save loans Large numeric keypad Email quote Fast […]


Posted by: nalh
Categories: Consumer Tips,Newsletter Articles,Tech Tips
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Book of the Month: Creative Real Estate Investing for Canadians

February 11th, 2013

Real-Life Canadian “Creative” Real Estate Investors, Dave Dubeau and Ken Beaton have written this NEW book because they want to help as many Canadians as possible to take charge of their own financial futures. They also know that the best way to do this is through investing in Real Estate. Their desire is that you, […]


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Categories: Newsletter Articles,Recommended Reads
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Tax-Free Savings Account Limit Increased to $5,500 Starting in 2013

February 9th, 2013

An additional $500 in annual TFSA contribution room can have an important impact on the amount of tax-free savings an individual can earn. Over a 20-year period, an individual can accumulate significantly more in TFSA savings than under the original $5,000 annual contribution limit. For example, as illustrated in the graph below, a middle-income saver could […]


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Categories: Newsletter Articles,Tax News,Tax Tips
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A Score That Really Matters – Your Credit Score

February 8th, 2013

Credit is a precious privilege that allows individuals to expand their purchasing power; yet, as an intangible, few think about it on any regular basis. Without credit, purchasers rely completely on cash flow so the ability to accumulate assets is limited to an individual’s ability to save. With credit, the ability to purchase a home […]


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Categories: Consumer Tips,Newsletter Articles
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Book of the Month: The RRSP Secret – Defend and Build Your Wealth With This Powerful Investment Strategy

February 5th, 2013

If you’re a Canadian investor who’s feeling ripped off lately, you’re not alone. Canadians pay the highest fees in the world when it comes to investments in RRSPs and other registered accounts. Is this just because Canadians are foolish, or is there something more sinister at work? Now, and for the first time, The RRSP […]


Posted by: nalh
Categories: Consumer Tips,Newsletter Articles,Recommended Reads
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NALH Requires Clients’ E-File Login Information for Mandatory Electronic Filing Requirement

February 4th, 2013

A new subsection of the Income Tax Act – Section 150.1(2.3), (2.4) – sets out a regulation that requires tax preparers to file client returns via electronic filing. If this requirement is not met, the tax preparer incurs a $100 per return penalty from CRA. If we file tax returns for you as an individual […]


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Categories: Newsletter Articles,Tax News
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Comparison of 2012 to 2013 Income Tax Brackets

February 2nd, 2013

While the federal government designates their own tax brackets and rates for federal tax purposes, provinces and territories set their own separate tax brackets and rates for provincial tax. Below, we compare the federal and provincial income cutoff points and taxation rates for tax years 2012 and 2013. The first table shows the federal personal […]


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Categories: Newsletter Articles,Tax News
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Royal Canadian Mint to Cease Production of the Penny on February 4, 2013

February 1st, 2013

Though the elimination of the penny in Canada has been in the works for a while, the Royal Canadian Mint will officially end production of the penny on February 4, 2013. One-cent coins that are currently in circulation will remain in use for cash transactions indefinitely as long as businesses choose to accept them. For […]


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Categories: Government News,Newsletter Articles
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Do New Mortgage Rules Affect You as a Borrower?

February 1st, 2013

Mortgage expert Kim Strynadka shares her thoughts on current mortgage rates and how the new mortgage rules affect borrowers: You know when mortgage rates go up and then start creeping up and up and up? Then, you say “I wish I had known it was the bottom of the market”. Today I am granting you […]


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NALH Business Solutions Ltd.
#112 - 8988 Fraserton Court
Burnaby, BC V5J 5H8
(604) 412-3885

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