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Exciting News! Fareed Sheik LLP Has Moved to a New Location

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This webinar is designed to provide insights into the world of Halal RRSP investments, which are compliant with Shari’ah law. Our esteemed speaker for the event is Dr. Mohamad Sawwaf, the founder and CEO of ⁠Manzil. Dr. Sawwaf will share his expertise and knowledge on how to make your retirement savings plan both financially and religiously sound. Please visit ⁠manzil.ca for more information.

What is An overview of the taxation system in Canada looks like? Taxes are a significant source of revenue for the federal government of Canada, which makes them an important component in the funding of a wide variety of social and economic initiatives. Although the Canada Revenue Agency (CRA) is largely responsible for tax collection, the federal […]

If you are a business owner in British Columbia and are wondering about corporate tax rates, you have come to the right place. We have answers to your questions about rates, filing requirements, and business limits. We also have tips for minimizing your taxes. Read on to learn more. We’ll also explain the Carbon tax. […]

A corporate tax return is a legal document that needs to be filed with the Canadian Revenue Agency. Corporations have a variety of options for filing, including Pay-as-you-go and Free-filing options. CRA’s risk-assessment process to prevent unwarranted and fraudulent GST/HST refund and rebate claims The Canada Revenue Agency is increasing audits of large businesses and […]

During times of recession and economic downturns, demand for accounting services increases. This is because of increased demand for business owners and entrepreneurs to monitor and manage their finances. There is also an increase in competition for accountants. Demand for accounting services increases during economic downturns During an economic downturn, the need for high-performance accounting […]

Bookkeeping is the lifeblood of any healthy business. Find our top 5 bookkeeping tips for small & medium businesses (get our 2 bonus tips as well) Watch Your ReceivablesNothing can hurt your business like owed bills. Focus on making sure that monies owed to are coming in on time and on a regular basis. This affects cash […]

Every year I am asked a repeat question from my clients – How much is my RRSP limit? or How much is my TFSA room? Well, I am tired of telling you the answer that you can find on the last page at the bottom of your latest notice of assessment from the Canada Revenue […]

Very often I am asked by my client “How should I make the payment to CRA”. There are multiple ways of making payments to CRA. I am listing them below: