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Introduction Accounting Firms Calgary | In the fast-paced world of business, having a reliable accounting partner is crucial for steering through uncertain waters. At Koss Accounting in Calgary, we not only embrace the pillars of service responsiveness, understanding different engagement options, and delivering what you can rightfully expect from a professional CPA but also recognize […]

Calgary Accounting | Becoming a homeowner is a significant milestone, and at Koss Accounting, we as Accountants In Calgary understand the financial complexities that come with this journey. For our first-time home purchasers in Canada, we’ve compiled a comprehensive guide on leveraging three powerful savings vehicles: FHSA, RRSP, and TFSA. Let’s explore how these instruments

Prime Minister Announces Extended Deadlines for CEBA Loan Repayments Key Highlights: Real-World Impact: Note to Loan Holders: Financial institutions will directly contact CEBA loan holders about these updates. Additionally, these changes are also applicable to CEBA-equivalent lending through the Regional Relief and Recovery Fund. Stay Informed & Prepared: It’s crucial for businesses to stay informed

Year-end tax planning is an essential part of managing your finances as a Canadian taxpayer. It allows you to take advantage of various tax-saving strategies and make the most of available tax deductions and credits. Here are some year-end tax planning tips for Canadians: Schedule a year end tax planning meeting ($350) It’s important to

The purpose of the UHTA  The UHTA, effective from January 1, 2022, imposes a 1% annual tax on vacant or underused residential properties not owned by Canadian citizens or permanent residents. This tax is calculated based on the property\’s assessed value or recent sale price, with the first payment due by April 30, 2024  Note: