Why Barakat Accounting Services

Are you the owner of a start-up, small or medium sized company in the Greater Toronto Area, Peel or Halton regions? Regardless of the size of your operation, you can always benefit from spending less money. Money is especially tight when you’re first starting out because your business may not be generating enough revenue yet,…
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What Should I Know About Ontario Taxes!

It’s tax season 2018, and the CRA is hard at work processing slips. Tax laws are always changing and if you’re not fully informed about them, it can be easy to make mistakes that can either cost you avoidable additional headaches. Do you need to file your taxes this year?   If you are a…
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5 reasons to file a tax return

1. You owe tax or want to receive a refund If you are a resident of Canada for part or all of a tax year, you must file a tax return if you owe tax or want to receive a refund. 2. Recover any tax you overpaid from your pay cheque You may have had too much…
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Report to CRA last year profits from trading Bitcoin.

Interesting read for all Bitcoin owners. If you owned and sold Bitcoin last year, you need to report all profits on those transactions. Here is an in-depth article about it published in Financial Post.

Barakat News

We are entering 2018 with several changes aimed at improving our customer service. First of all we have changed our working hours to make our services even more accessible for our clients. We also redesigned our website providing detailed lineup of our services along with their descriptions. Finally we decided to publish a blog to…
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