Business

Tax Advice for the Self Employed

If you have a home-based business and or operate a business without being incorporated, the Canada Revenue Agency (CRA) considers you to be self-employed or a sole proprietor.

You will be reporting your income on lines 135 to 143 of page two of the T1 General Form. Please don’t wait to the last minute to get your printed T1 forms and guide from the post office since they usually run out of them very quickly.

Posted by Anonymous on Feb 28, 2011 in Business
valentine's day, chocolate covered strawberries at Rocky Mountain Chocolate

February Fernie Business news

Fernie Nature Tours 250-423-4306
Fernie Nature Tours invites you to experience an evening of nocturnal adventure, sweetheart stories in the heavenly stars, while stealing a kiss under the bright moonlight. While love is in the air create a memory with someone you cherish. Wrap up the evening with a decadent chocolate dessert fondue, champagne and roses for the ladies. To book a Valentine’s Day snowshoe tour from 7-10 pm, call 250-423-4306.

Posted by admin on Jan 28, 2011 in Business
finance, tax free savings, RRSP, investing

RRSP versus TFSA

A frequently asked question is whether it is preferable to invest in an RRSP or a TFSA. We would like to receive an answer that is “cut and dry” but that’s impossible since we are all at different stages in our lives and our goals and objectives vary.

To refresh our memories, here is a brief recap of the characteristics of each plan.

RRSP
_ You can contribute up to 18% of your prior year’s earned income to a maximum of $22,000 for 2010;
_ Your unused contribution room is carried forward to the next year;

Posted by Anonymous on Jan 28, 2011 in Business

January New Business

Cristallin Toullec, Manual Osteopathic Practitioner & Life Coach 761 7th Ave, 250-423-7774

Practicing Osteopathy since 2004, Cristallin Toullec completed his thesis on the influence of osteopathy on eyesight correction (heterophoria). He specializes in the psychosomatic dimension of physical dysfunctions and has done specific research in the fields of human behavior and psychological models of personality with NLP. He combines NLP and astrology to create his life coaching experiences.

Posted by Fix on Dec 30, 2010 in Business

January Business News

Brecan Building Systems Ltd., www.brecan.com 250-423-1580
Brecan Building Systems Ltd, a joint venture between building design and supply professional, John Merritt, and construction management and quantity surveying expert, Dorian Medlicott, of Medlicott Homes Inc, has opened an office at 571b 2nd Ave. Brecan provides unbeatable fixed-price materials packages or construction to lock-up to the contractor and home owner markets.

Fernie Nature Tours, www.fernienature.com 250-423-4306

Posted by Fix on Dec 30, 2010 in Business

How to Use Your Last Paycheque Stub From 2010

Following up on last month’s column, there were many enthusiastic readers who wanted to get a jump start on their taxes and focus on skiing this winter! Here are some answers to the most asked questions and concerns:

If you can’t wait until you receive your T4’s arrive to get started on your 2010 tax return, and you want to determine the amount of your final RRSP contribution for 2010 (the deadline is March 1) or to find out if you will be owing taxes or receiving a refund, you can use the year-to-date (YTD) totals from the last cheque stub you received in 2010.

Posted by Anonymous on Dec 29, 2010 in Business

December New Business

Arnica Health, Beavertail Lodge 4507 Timberline Cresc. 250-423-2673
Arnica Health is run by Rebecca Vaughan, a BC Registered Massage Therapist (RMT) who successfully completed the 3000 hr program in 2008. She is a member of the College of Massage Therapists of BC and the Massage Therapy Association of BC.

Posted by admin on Nov 30, 2010 in Business

December Business News

Brecan Building Systems Ltd., www.brecan.com 250-423-1580
Brecan Building Systems Ltd, a joint venture between building design and supply professional, John Merritt, and construction management and quantity surveying expert, Dorian Medlicott, of Medlicott Homes Inc, has opened an office at 571b 2nd Ave. Brecan provides unbeatable fixed-price materials packages or construction to lock-up to the contractor and home owner markets.

Fernie Brewing Company, 26 Manitou Road 250-423-7797

Posted by Fix on Nov 30, 2010 in Business

Be Prepared

It’s a “La Nina” year, and we are all expecting (and hoping) for lots of snow! Hopefully our time will be spent riding bottomless powder, and enjoying après time with family and friends. We will be so busy enjoying ourselves, that other important tasks will be pushed to the side, or put on hold until the spring.

Posted by Anonymous on Nov 30, 2010 in Business

November New Business

Happy Pets & House Sitting, www.happypetsplus.ca, 250-425-5754

Posted by Fix on Oct 29, 2010 in Business

November Business news

Just Pizza, 362 2nd Ave 250-423-9277

Posted by Fix on Oct 29, 2010 in Business

Savings Plans for Children and Teenagers

In this month’s column, I am responding to a reader’s suggestion regarding savings plans for children and teenagers. I did some “Googling” using the terms children, teenagers and savings. What I found is that the benefits of investing in Registered Education Savings Plans (RESPs ) had extensive coverage, but that there weren’t many articles about saving money. Do we happen to live in a society that is all about consumerism?

Posted by Anonymous on Oct 03, 2010 in Business

October New Business

Shannon Milne - Norwex Consultant, skmilne@telus.net 250-423-6815
Ever have a piece of clothing that you can't get the smell out of? Shannon Milne as a Norwex consultant heard this on her first presentation and suggested a basic clean with the Norwex detergent and it worked. Since starting her Norwex business Shannon has heard many stories like this, from a friend who's husband stopped having nosebleeds while he slept, to another client who actually cleaned a car window that was permanently dirty inside.

Posted by Fix on Oct 03, 2010 in Business

October Business News

Boardstiff, 542 2nd Ave Fernie 250-423-3473
In 2006, American traveler Blake Mycoskie befriended children in Argentina and found they had no shoes to protect their feet. Wanting to help, he created TOMS Shoes, a company that would match every pair of shoes purchased with a pair of new shoes given to a child in need. Blake returned to Argentina with a group of family and friends with 10,000 pairs of shoes made possible by TOMS’ customers.
Why Shoes?
- Many children in developing countries grow up barefoot. Whether at play, doing chores or going to school, these children are at risk:

Posted by Fix on Oct 03, 2010 in Business

What Your Accountant Needs to Prepare a Corporate Tax Return

There are still 21 days of summer left but at this time of the year everyone is back at work, the children are in school and it’s now time to “knuckle down” for a little while at least. So here it goes …

Posted by Anonymous on Sep 01, 2010 in Business

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