Ledgers Canada
181 Mississaga St. E L3V 1V8 Orillia, ON, Canada

Happy thanksgiving family and friends May we find joy and gratitude in our bubbles

It’s so nice to be appreciated

Please call 705-326-5165 or email [email protected] to book your appointment.

Happy Mother’s Day to all you beautiful women .

Happy Monday Our front door will be closed will be closed due to much needed road and service reconstruction at the intersection of Mississaga and Front Streets. The sidewalk remains open but for your safety I don’t encourage visitors at this time. (Unless you have a hard hat and work boots to match your mask and gloves.) I am available to you by phone or email. Enjoy your week

Orillia Accountants Round table discussion on some government support options. Please reach out if we can be of any assistance. We have now set up the office to... serve clients in person safely while respecting our distance. Please call for an appointment to ensure we are the only 2 people in the office at a time. Drop off or email are also both great options. Take care of yourselves.

check in periodically on this website for updated information: https://ledgers.com/covid-19/ and sign up for our newsletter for added info... Stay well

ALL non-essential businesses in Ontario must close. Premier Ford has announced the mandatory closure of all non-essential businesses in Ontario effective at midnight tonight

Ledgers Orillia’s door will be closed this week. However our tax professionals are eager to work. Please call or email to find out how we can prepare your taxes while maintaining our social distance. We have many options to ensure you receive the same great service you are accustomed to receiving. Take care, stay safe and enjoy some quality downtime with your families. Phone 705-326-5165 Email [email protected]

https://ledgers.com/covid-19/

Bookkeeping Benefits | Saving Time & Money Having a dedicated Bookkeeper manage your financial records saves you money in the end. Thorough and up-to-date records assists you in supervising your accounts and accessing your financial statements when you need them. It also helps if your company undergoes an audit, which ultimately saves you time and money. Bookkeeping is a valuable investment in your business. Contact us at Ledgers Orillia to inquire about our services. ... #bookkeeper #financialmanagement #spreadsheets #profitandloss #orilliabusiness #supportlocal #businesssupport #accounting #financialstatements #audit #orillia

Tax Tip Tuesday! Be sure to claim ALL of your medical expenses! Did you know that tax experts claim that missed medical expenses is one of the most overlooked tax breaks? This is because most believe their expense total for the year is too small to meet the deduction threshold. In fact, there is a long list of eligible medical expenses that can be claimed on your income taxes. Don't miss out!... Contact Ledgers Orillia for your income tax preparation and we'll ensure that your eligible medical expenses are claimed. #orillia #incometax #taxtime #taxtip #taxreturn #supportlocal #orilliabusiness #medicalexpenses #taxbreak #taxprep #ledgers

Bookkeeping Benefits | Worry Less If you are a business owner you already have a lot to worry about. At Ledgers Orillia we can take some of the stress off of you so that you can focus on building your business. Hiring a qualified Bookkeeper is often much less expensive than business owners realize, and ultimately saves you a lot of expense at year end by having detailed, organized financial documents ready-to-go. More importantly, it checks one very crucial to-do item off y...our list. We can help you worry less so you can earn more. Call us today at Ledgers Orillia. #bookkeeper #financialmanagement #spreadsheets #profitandloss #orilliabusiness #supportlocal #businesssupport #accounting #worryless #liveyourdream #selldontstress #newbusiness #entrepeneur #finances #crushit

Tax Tip Tuesday! Think an online tax program is doing it's job when it comes to income tax preparation? While tax softwares do have advantages, the program will bucket you into a category based on your basic details entry (student, married, senior etc). In doing that, it will provide the most logical tax-saving scenarios for you.... However, online programs do have limitations. If you run a small business, own rental property or are self-employed for example, you are best to have a professional review and prepare your tax file. Know the limitations of tax software. For more complicated taxes, come to the experts at Ledgers Orillia. We can help! #orillia #incometax #taxtime #taxtip #taxreturn #supportlocal #orilliabusiness #taxsoftware #onlinetaxes #usethepros #self-employed #rentalproperty

Bookkeeping Benefits | Cash Flow Orillia is an incredible community, full of small business owners and entrepreneurs. If you are one of them and you don't have a Bookkeper yet, reach out to talk to us. Sound Bookkeeping prevents one of the leading causes of business failure: cash flow. A good Bookkeeper keeps track of the movement of funds, not just net income. We factor in receivables, inventory and payables so you can make informed decisions about your cash flow. Let us... help your small or corporate business succeed. Contact Ledgers Orillia today. #bookkeeper #financialmanagement #spreadsheets #profitandloss #orilliabusiness #supportlocal #businesssupport #accounting #cashflow #community #shoplocal #smallbusiness #bookkeeping #funds #money

Tax Tip Tuesday! Are you taking advantage of income-splitting and pension-sharing opportunities? Income splitting can save thousands of dollars in tax as income is shifted from someone in a higher tax bracket to someone in a lower bracket.... Have your taxes prepared by a professional at Ledgers Orillia and we'll ensure you receive maximum benefits. #orillia #incometax #taxtime #taxtip #taxreturn #supportlocal #orilliabusiness #smallbusiness #pension #incomesplitting

Wishing all of my wonderful clients a very Happy New Year! Thank you for your loyal business. Cheers to a healthy and prosperous 2020! Ronda #happynewyear #goodbye2019 #grateful

Wishing everyone a very Merry Christmas! May the magic of Christmas be present in us all tonight and all through the year. Ronda

Worry about the weather, not your taxes! When you bring your taxes to a Ledgers Tax Professional you can trust you'll get the maximum deductions, accurate and efficient service and advice and guidance on how to save on your taxes in the future. Let us do the heavy lifting on your taxes this year, so you can focus on lifting the snow...sorry...we don't offer that service!... When tax time comes, call us to book! (705) 326-5165

This isn't just a door. It's the door to your financial freedom. It's right there waiting for you to walk through it. The first step is taking an honest look at where you are at financially so you can establish your starting point. Then set goals. At Ledgers, we can help you build a solid plan that gets you from where you are now, to where you want to be. We are here to expertly guide you every step of the way.... You can. And you will. We can help. [email protected]

Tuesday Dec. 3rd is the National Day of Giving directly following Black Friday and Cyber Monday. It’s a time to give back to the charities you care about most. Did you know that Canada has a very generous tax credit system for donors? Contact us to ensure you’re getting the maximum return on your charitable giving. Thank you for giving. ... #orillia #incometax #taxtime #taxtip #taxreturn #supportlocal #orilliabusiness

Only a Professionally prepared financial plan can provide you with the guidance you need to plan for your personal financial comfort and future plans! Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Having a Ledgers Professional by your side is the best way to ensure you are getting correct advice when it comes to tax time! Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Who doesn't love free money? Additionally, interest earned from RESP's are tax-deferred and transferred to your children! Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Did you know that transferring taxable income in retirement to a lower-income spouse has huge tax advantages? Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Do you know the types of audits and the potential consequences? Read this month's newsletter below to learn more

Filing with your spouse and pooling receipts for medical expenses and charitable donations is a great way to save significant tax dollars! Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Caring for the elderly or disabled can be very costly, make sure to file a proper, complete claim. Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Did you know that operating a home-based business has huge tax advantages, such as making your mortgage tax deductible? Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Having your employer contribute to your RRSP or pay for your day care, transit passes etc. instead of a salary increase can save you a great deal! Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Did you know that some credits and deductions can be transferred to your spouse to best optimize the tax benefits? Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Understanding what the CRA can ask for from you and others (your accountant, your employer, your bank etc.) can assist you in preparing for your Audit and getting out of it as cleanly as possible! Read this month's article on it https://ledgers.com/cra-audits-and-requirements/

Get a FREE tax checklist from your Ledgers Professional to help you keep track of what you can claim! Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Did you know that RRSP contributions are tax-deductible? Additionally, interest earned while in the RRSP is tax-deferred. Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Did you know that staying organized and keeping receipts is a great way to help minimize your family tax burden? Follow us for a lot of useful Tax Tips, and call us at (705) 326-5165 . We are here for your needs!

Orillia Perch Festival updates. Tagged Perch #3 was caught mid afternoon May 4 by Will Spear from Orillia. Will's $500. tagged perch was sponsored by The Dock... 104FM radio station. Caught off a dock! The perch are becoming very active and many anglers are out. The warmer weather Sunday should offer some excellent fishing. There's still $36,500. worth of Tagged Perch out in the lakes waiting to be caught!

Last Day to submit your Income Tax!!! Ledgers Orillia, Open Today 8:30am - 4:30pm! #taxtime #incometax #orillia #ledgersorillia #taxtips

If you haven’t filed your taxes, have an Income Tax Weekend! Prep what you need and submit by April 30th! Just a few days left! #taxtime #incometax #orillia #countdown #ledgersorillia ------------

If you or your spouse or common-law partner made a gift of money or other property to certain institutions, you may be able to claim a federal and provincial or territorial non-refundable tax credit when you file your return. Generally, you can claim all or part of this amount, up to the limit of 75% of your net income. You can claim a tax credit based on the eligible amount of your gift to a qualified donee. Qualified donees are: registered charities registered Can...adian amateur athletic associations registered national arts service organizations registered housing corporations resident in Canada set up only to provide low-cost housing for the aged registered municipalities in Canada registered municipal or public bodies performing a function of government in Canada the United Nations and its agencies universities outside Canada, the student body of which ordinarily includes students from Canada, that have applied for registration and are registered with the CRA (these universities are no longer required to be prescribed in Schedule VIII of the Income Tax Regulations) #incometax #taxtips #orillia #chairty #donation #taxtime #ledgersorillia

Do you support a spouse or common-law partner, parent, or a dependant with a physical or mental impairment? The Canada Caregiver Credit (CCC) is a non-refundable tax credit that may be available to you. You may be able to claim the CCC if you support your spouse or common-law partner with a physical or mental impairment. You may also be eligible to claim the CCC for one or more of the following individuals if they depend on you for support because of a physical or mental imp...airment: your or your spouse's or common-law partner's child or grandchild your or your spouse's or common-law partner's parent, grandparent, brother, sister, uncle, aunt, niece, or nephew (if resident in Canada at any time in the year) An individual is considered to depend on you for support if they rely on you to regularly and consistently provide them with some or all of the basic necessities of life, such as food, shelter and clothing. (CRA) #taxtips #taxtime #orillia #incometax #caregiver #parent #ledgersorillia

2 weeks left! Get your Income Taxes in and save by submitting them on time! #taxtime #taxtips #Orillia #incometax #accounting #ledgersorillia ------------

Attention Trades Persons! You may be able to deduct the cost of eligible tools you bought in 2018 to earn employment income as a trades person (including apprentice mechanics). This cost includes any GST and provincial sales tax (PST), or HST, you paid. An eligible tool is a tool (including associated equipment such as a toolbox) that: you bought to use in your job as a trades person and was not used for any purpose before you bought it your employer certified as ...being necessary for you to provide as a condition of, and for use in, your job as a tradesperson is not an electronic communication device (like a cell phone) or electronic data processing equipment (unless the device or equipment can be used only for the purpose of measuring, locating, or calculating) (CRA) #taxtips #incometax #orillia #trades #tradeperson #tools #taxtime #tradetools #ledgersorillia ------------- Photo Credit: -----------

Teachers who paid for classroom supplies can submit their purchases for the Educator School Supply Tax Credit on your Income Tax. An eligible supplies expense is an amount that you paid in 2018 for teaching supplies that meet all of the following conditions: you bought the teaching supplies for teaching or facilitating students’ learning the teaching supplies were directly consumed or used in an elementary or secondary school or in a regulated child care facility ...in the performance of your employment you were not entitled to a reimbursement, allowance, or any other form of assistance for the expense (unless the amount is included in the calculation of your income from any tax year and is not deductible in the calculation of your taxable income) the eligible supplies expense was not deducted from any person’s income for any year or included in calculating a deduction from any person’s tax payable for any year (CRA) Note: Teaching supplies are consumable supplies and prescribed durable goods. Prescribed durable goods include: books, games, and puzzles containers (such as plastic boxes or banker boxes) educational support software #teachers #orillia #orilliateachers #taxtime #incometax #schoolsupplies #taxtips #ledgersorillia ---------- Photo Credit: ------------

Do you pay Union dues, Professional or like dues? You can claim the total amounts related to your employment that you paid (or that were paid for you and reported as income) in the year including; annual dues for membership in a trade union or an association of public servants (CRA) #taxtime #union #incometax #orillia #taxtips #professionaldues #ledgersorillia... Photo Credit : https://www.epsu.org//breaking-news-canadian-unions-demand

Tick Tock! It’s the final month of Tax Time! Submit your Income Taxes before April 30th! #taxtips #incometax #taxtime #Orillia #countdown #ledgersorillia

Purchased your first home in 2018? You can claim $5,000 for the purchase of a qualifying home in the year if the following apply: 1. You or your spouse or common-law partner acquired a qualifying* home 2. You did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding years (first-time home buyer) 3. A qualifying home must be registered in your or your spouse's or common-law partner's name in acco...rdance with the applicable land registration system and it must be located in Canada. It includes existing homes and homes under construction. (CRA) *Qualifying homes: single-family houses, semi-detached houses, townhouses, mobile homes, condominium units, apartments in duplexes, triplexes, fourplexes, or apartment buildings #taxtime #incometax #taxtips #orillia #firsthome #firsthomebuyer

As a Volunteer Firefighter you can claim your 2018 service on Income Tax as either A) a $1,000 tax exemption OR B) a $3,000 tax deductible (if you completed 200 or more hours of service) #taxtime #taxtips #incometax #orillia #orilliafirefighters #orilliafiredepartment... ---------------- Image Credit: http://www.smeal.com/new-de/orillia-fire-department-aerial/

Attention Georgian College and Lakehead University students! Did you move to Orillia for school? You could claim moving expenses on Income Tax if you meet the following criteria; 1. You are a student who moved to attend a post-secondary educational institution (either in or out of Canada) 2. You are a full-time student (60% course load) 3. You received an amount from a scholarship, bursary, fellowship or research grant in the year which was required to be included in your in...come 4. Your new home that you established was at least 40 kilometres closer to your new educational institution than your previous home was #taxtime #orillia #taxtips #incometax #georgiancollege #lakeheaduniversity

Are you aware of the Medical Expenses that can be claimed in your income tax return? If you paid out of pocket for medical expenses, which were not reimbursed (ex. through insurance) then you can possibly claim items purchased for you, your spouse or dependent. What are the most common medical expenses that you can claim? Attendant care and care in a facility... Care, treatment, and training Devices, equipment, and supplies Gluten free products for celiac patients Medical insurance premiums Prescribed drugs, medications, and other substances Service animals Services and fees (therapy) Travel expenses (more than 40 kms) Visit the link below to learn what items qualify https://www.canada.ca//lines-330-331-eligible-medical-expe See more

Will you be the lucky winner of a $1,000 tagged perch sponsored by Ledgers Orillia? Or this boat?

If you use your vehicle to operate your small business, the CRA requires you to keep a mileage log to track Kilometers driven for business verses personal mileage. Bring your logged mileage to Ledgers Orillia and we'll help file your automobile expenses this tax season! #taxtips #orillia #incometax #taxtime... ---------- Image Credit: (man driving car from rear view on the highway) ------------

Hey Orillia and area Friends, here is a NEW Tax Credit to which we are entitled! In an effort to offset the amount of Carbon Tax we paid in 2018 (and in the years to come) CRA has added a new Climate Action Incentive (CAI) payment to Income Tax Returns. Therefore, living in Ontario you’ll be entitled to a rebate based on the size of your household, where you live and the type of energy sources in your area. As an additional bonus, residents of small, rural and remote communi...ties will get a 10% greater rebate than other areas of Ontario. Want to learn more? Come into Ledgers Orillia to complete your 5006-S14 Schedule 14, Climate Action Incentive Form! #taxtime #Orillia #taxcredit #incometax

What size is your shoebox? Big or Small, we do them all! #orillia #taxtime #ledgersorillia #incometax

Have you ever wondered where your Tax Dollars go? #Orillia #taxtips #taxtime #taxdollars #incometax

Tax Time Reminder! T4s should be in your hands this week. Have questions about your T4 Slips? Make an appointment with Ledgers Orillia and we'll help you. #orillia #barrie #taxtips #taxtime #incometax #t4

Are you Common-Law? "Changes to your marital status could affect your benefit and credit payments. Married means you have a spouse. This applies only to a person to whom you are legally married. Living Common-Law means you are living with a person who is not your spouse, but with whom you have a conjugal relationship, and to whom at least one of the following situations applies: 1. They have been living with you in a conjugal relationship for at least 12 continuous months.... (In this definition, 12 continuous months includes any period you were separated for less than 90 days because of a breakdown in the relationship.) 2. They are the parent of your child by birth or adoption. 3. They have custody and control of your child (or had custody and control immediately before the child turned 19 years of age) and your child is wholly dependent on that person for support." (Canada Revenue Agency) ........ Visit Ledgers Orillia to find out how Ronda can help you submit your Common-Law Income Tax Returns this season! ......... Click the CRA link to learn more about marital status: https://www.canada.ca//personal-addres/marital-status.html #orillia #textips #incometax #taxtime #maritalstatus #commonlaw

Renegades featured in the Fearless Females 2019 Calendar! Thank you to Couchiching Jubilee House for recognizing the Orillia Ladies Hockey League this month! #orillia #orillialadieshockey #jubileehouseorillia

Ledgers Orillia is a proud sponsor of the Orillia Ladies Hockey League - Home of the Renegades! #ledgersorillia #orillialadieshockeyleague

HOT DEAL ALERT!! Huge THANK YOU to Home Hardware Orillia for inviting us to sell our Fearless Females calendar at Ladies Night on Tuesday. They are subsidi...zing $10 per calendar at the event so you can grab your copy for only $15 and the full $25 will still go to our charity! What an outstanding community! See more

Don’t wait the last minute! If you have a Ledgers Professional on your side, there is no stress during this period! Call us at (705) 326-5165 . We are here for your needs! #TaxSeason #NoTaxFear #Deadline

#TaxTimeTip #TipOfTheWeek #TaxSeason #NoTaxFear If you have a Ledgers Professional on your side, there is no stress during this period! Call us at (705) 326-5165 . We are here for your needs!