Accounting for your earnings On this page, you will find information on the following: The accrual method The cash method Change your reporting method How to keep sales and expense journals How to record your business expenses Fiscal period for income tax purposes Calendar year Non-calendar year Corporation tax year Fiscal period-end for GST/HST registrants […]

Income Tax Audit Manual Compliance Programs Branch (CPB) Information This chapter was last updated November 2019 Disclaimer Hyperlinks to external or unaffiliated websites are for information purposes only. The Canada Revenue Agency (CRA) is not responsible for the content or practices of such websites. While efforts are made to ensure that hyperlinks are current and […]

Rental income is any payment you receive for the use or occupation of property. Table of contents Is this guide for you? What’s new for 2019? Definitions Chapter 1 – General information Do you have rental income or business income? Goods and services tax/harmonized sales tax (GST/HST) new residential rental property rebate GST/HST rebate for partners […]

PAYROLL PROCESSING AND COMPLIANCE There’s more involved in payroll than just sending a check to your employees on payday. We offer a comprehensive payroll solution. Payroll Administrator Our experts take the stress out of staying compliant. We ensure your employees get paid, and your records are in order. Automation Our intuitive, secure software makes adding […]

Table of Contents Income Tax Act 1 – Short Title 2 – PART I – Income Tax 2 – DIVISION A – Liability for Tax 3 – DIVISION B – Computation of Income 3 – Basic Rules 5 – SUBDIVISION A – Income or Loss from an Office or Employment 5 – Basic Rules 6 – Inclusions 8 – Deductions 9 – SUBDIVISION B – Income or Loss from a Business or Property 9 – Basic […]

At BOMCAS LTD. Tax Accounting Service Edmonton we are a technology accounting firm where 100 percent of our services can be completed online and remotely. This has help us in reaching client who are unable to make traditional office visits.With our advancement in technology we have exceed our client expectation all the time. We offer […]

Address: 181 Meadowview Bay, Sherwood Park, Alberta T8H 1P7Phone: 780-953-5250Email: info@bomcas.ca BOMCAS LTD Edmonton Alberta Accounting & Tax Services specializes in corporate, small business, and personal tax preparation. Serving clients throughout Sherwood Park, Edmonton and surrounding areas. We provide accounting functions, including bookkeeping, Trust & Estate Planning and payroll services. Our experience and qualify team have been providing […]

Corporate Tax At BOMCAS Top Accounting Firm Edmonton we bring our tax accountant expertise to assist both domestic and multi-national corporations with services that include, but are not limited to: Corporate income tax preparation and filing of returns GST/HST compliance Financial statement preparation Tax dispute resolution consultations Assistance with design & implementation of international tax […]

 Edmonton Virtual Personal Tax Accountant BOMCAS LTD Providing Virtual Accountants and Accounting Services Across Albertan and Canada. We are Edmonton Top Accounting Firm, Edmonton tax experts. We are dedicated to remaining current with the constantly changing Canadian tax laws. We take the time to understand the unique situation of each of our clients in our […]

Virtual Accounting Firm located in Edmonton:  Personal Tax At BOMCAS Top Accounting Firm Edmonton our tax experts are dedicated to remaining current with the constantly changing Canadian tax laws. We take the time to understand the unique situation of each of our clients in our service areas of Sherwood Park, Edmonton and surrounding communities, and […]