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BC Realtors & the Personal Real Estate Corporation

Lilly July 28, 2015

BC Realtors are currently having a banner year. Record prices and record sales equate to record income for realtors. Prior to 2009, realtors were forbidden to earn their income in the form of a corporation, which means they were barred from any tax saving opportunities available to Canadian controlled private corporations (CCPCs). PREC: The Personal Real Estate Corporation, Corporate Tax Structure

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The Best Way to Go About a CRA Audit

Lilly June 19, 2015

The average small business owner in Vancouver has a limited budget to deal with their marketing, accounting, IT and high location rental costs. Successful businesses tend to be surrounded by strong support networks, which include bookkeepers and tax advisors. As a result, their books and records are orderly, current, and their tax filings are consistent with their accounting records. For

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CRA Assessed You and Now You Owe More Taxes – What’s Next?

Lilly June 4, 2015

It’s been about a month since the filing deadline for your 2014 personal income tax returns. Since then, the CRA has been sending out notices of assessment or requests for more information. In some taxpayers’ cases, they have received a notice of assessment, which reflects different results from the tax return they have filed. In rare cases, the notice will

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MEW and COMPANY
Chartered Professional Accountants 

Suite 418–788 Beatty St. Vancouver, BC V6B 2M1
Tel: 604 688 9198 | Fax: 604 688 9192 

Suite 418–788 Beatty St. 
Vancouver, BC V6B 2M1
Tel:604 688 9198
Fax: 604 688 9192 

Lilly Woo, CPA, CA, CFE, CFP (ext. 1)
Richard Mew, CPA, CA, CFP (ext. 2) 

We are your Vancouver Accounting Firm

For everything from consultation to a comprehensive corporate tax plan, call us, we’re here to help. Whether you’re an incorporated Canadian business or a Canadian individual, whether you need financial statements or a comprehensive tax and estate plan, we know how to work within the current Canadian tax laws to minimize your tax burden and maximize your net worth 

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