We have an exciting announcement! Top-rated Canadian accounting and business advisory firm, Oasis LLP Advisors and CPAs, is pleased to welcome Hennick’s division of Hennick Herman, LLP to the firm. Why is this happening? There has been a lot of change since the leadership of the late Darryl Hennick and Roomana Anjarwalla, and it’s time to bring their…
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Your income tax is the government’s way of collecting money to pay for the programs we all use, like health and education. The amount you pay depends on your marginal tax rate and your taxable income. In general, the more you earn, the higher your marginal tax rate will be. That means you’ll pay a…
Self-employment taxes can be a daunting thing to navigate. In this blog post, we’ll take a look at what they are and how they work. What Is Self-Employment Tax Self-employment taxes are basically the same as regular income taxes, except that you pay them on your own instead of through your employer. They’re also referred…
Capital gains are a good thing, right? Especially when you sell investment assets for more than what you paid. I mean, who doesn’t want to make money on their investments?! The only problem is that the CRA wants a piece of the pie regarding capital gains and taxes. In this article, we’ll go over how…
Stock options allow individuals to purchase shares of a particular stock at a specific price. You will have to report stock options on your taxes which can be tricky as there are different types of options, each of them with varying tax implications. When you receive income from stock options, you will have to pay…
At Oasis LLP we help business owners find what is at the end of the rainbow. With over 25 years of expertise in business advisory, accounting & auditing, and tax, we can help you navigate the accounting and tax world. We are located in Richmond Hill serving the Greater Toronto Area.
High tax bills are not something you want to deal with, and there are a lot of common mistakes that people make which can result in thousands of dollars that you can otherwise save. If you want to pay less tax in Canada, there are a few things you can do to reduce your tax…
An accounting firm can help you with succession planning within your business. Our services will allow your business to embrace change so that it can become stronger. Succession planning is strategic planning. By addressing what comes next, your business can plan accordingly and make the right decisions now! One of the main reasons a company…
Happy holidays from the Oasis LLP family to yours! 2021 has been another interesting year for most businesses across the country. If you are looking to let loose (within the restrictions, of course!) with your employees, planning a holiday party is a great way to celebrate what you achieved and look forward to 2022. If…
You could keep track of your business finances if you possess knowledge of accounting. But what happens if you don’t have this knowledge or you do not have time to manage it for your business? You will need to estimate the cost and revenue that you earn every month. If this is too much for…