Premier Professional Accountants Inc.

We want to thank all of our community supporters for their efforts in voting Premier Professional Accountants Inc. in to the GOLD category this year right behind our friends at Millards Chartered Professional Accountants This is the second such time we've been ranked amongst the top accounting firms in this community this past year. We were ranked on the website https://threebestrated.ca/accounting-firms-in-brantford-on late in 2020.

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I need to officially announce that although Premier Professional Accountants Inc. is still taking on new and repeat clients' work for the 2020 tax year, we are no longer providing assurances at this point that your return will be completed before the close of business on Friday, April 30th, 2021. I have personally made every attempt possible to keep people informed of the pending tax deadline through notifications, but if you are coming in this late in the game you made your decision about a week ago in my mind that the deadline didn't concern you.

Today we are sad to learn of the passing of Brantford's finest embassador. Mr Walter Gretzky went beyond being the hockey dad to arguably the greatest player to ever play the game. Walter became the beloved embassador to the City of Brantford. When great celebrities choose to leave the small town and embark on journies elsewhere Walter used his fame and family wealth to support others and most notably our beautiful city. ... You may have left this earth in a physical form Walter, sir. But, you will never leave our hearts and memories. Thank you for everything you've represented to our community. #BrantfordStrong

Thank you to our friends at Mineva water and sanitization in Cambridge Ontario Premier Professional Accountants Inc. has a steady stream of Power Play Disinfectant for sanitizing table tops, client chairs, door handles and walls throughout our daily activities. Mineva is quickly becoming an emerging leader in the field of workplace sanitization with the Power Play Disinfectant product. We are happy to be a customer. https://mineva.com/... APPROVED by Health Canada to produce and sell Power Play (DIN # 02503026)

Merry Christmas to our friends at Why Not Youth Centres This year has been crazy. Lots of ups and downs and delays. Our federal government approved the delay of the tax season closing on September 30th, rather than the original June 15th, 2020.... And we at Premier Professional Accountants Inc. have experienced some significant growth this year which caused delaying our annual cheque submission to Why Not Youth Centres. We are happy to contribute annually out of a portion of our tax revenue. It's good for our clients to know that we give back to this community. It couldn't come at a better time than Christmas. We appreciate all that you do for this community. <3

As accountants, we're used to working against deadlines and normally have a mandate to come in ahead of schedule. Although we set noon today as our deadline for the Halloween contest draw, well, we couldn't help being ahead of schedule, it's in our nature. Please watch the video below to find out who our winners are of the... 1x $50 Toys R Us giftcard 2x $25 Toys R Us giftcards.

Well, the celebration known as Halloween or All Hallows' Eve has come to a close and so too has our Halloween contest. On the line 1 $50 Toys R Us giftcard and... 2 $25 Toys R Us giftcards. At noon today, we will have a draw for those that participated. Below you can see our contest entries. Submissions from Cindy reed Alisha LaFantaisie Jeff Dixon Lizzie Gosse-Steinberg Nicole Callander

We're excited to celebrate Halloween with you. So excited that we're having a giveaway for you!! Enter to win one of three Toys R Us giftcards One lucky winner will win a $50 gift card while two others will win a $25 giftcard. ... This giveaway will close on Saturday, October 31st at 11:59pm and we will announce the winner on Sunday, November 1st The Rules: Like this post Follow our page Post a picture of your little ghoul or goblin Tag 2 friends who's family are participating in Halloween whether at home or door to door

$,. ? New legislation permits real estate professionals to incorporate. Finally, real estate professionals are being treated from a tax perspective similar to other professionals earning an equivalent income.... With a scorching hot housing market and tremendous earning potential - there has never been a better time for legislation to pass offering real estate professionals the opportunity to incorporate. What are the benefits of incorporation you may ask? Let's take a look at Joe's earning potential below and see the difference personal tax has in comparison to corporate tax. Let's start out by making a couple of assumptions here. Joe's gross earnings for the year are $150,000 - Joe incurs $50,000 in expenses to earn this income and Joe requires $60,000 of that $100,000 NET income to live on for the year. Under the self-employed sole-proprietor business structure, Joe is taxed on the $100,000 in net income with a marginal tax rate of 37.91% Total taxes including CPP and Income Tax = $28.306.00 Under a corporation where Joe is taking $60,000 for personal living expenses Tax obligation combined between the corporation and personal = $20,997.00 with a personal marginal tax rate of 29.65% Tax differential of $7,309.00 If you're like Joe and tired of paying the CRA more money than you have to - give us a call. ' . If you have more questions take a look at our blog http://premieraccountants.ca/2020//09/realtors-incorporate/

. There has never been a more important time with hot housing markets and the tremendous earning opportunities within the market for this legislation to pass. Premier Professional Accountants Inc. has been an emerging leader in the area of corporate registration in recent years.... If you are a real estate professional considering incorporation under the PREC legislation, give us a call for your FREE 20-minute consultation. For our fans and followers if you know of a professional considering incorporation don't hesitate to $ . Still have questions? Learn more here https://premieraccountants.ca/20//09/realtors-incorporate/

Recently, Premier Professional Accountants Inc. was brought in to service a multi 7 figure a year client as the previous bookkeeper was slacking on receivables. Nearly 10 percent of annual revenues were outstanding for greater than 90 days, some of it outstanding for 12 months. On site with the client less than two weeks and our President brings in a series of sizable payments taking a big chip out of the aged receivables and returning the client to a healthy cashflow posit...ion. And on that note Elvis has left the building. Have a great weekend folks

We've been anticipating this announcement for several weeks now. While the summer came and went, underwent major changes. The business has now been split into two divisions 1. . our accounting and finance division.... 2. - the business development / consulting division. More news will come later regarding the later. But for now, we're excited to introduce you to our new website which is feature-rich and will continue to provide more value over time. Today you can visit our website and use our new tax calculator tools with up to date 2020 tax table values. A. Simple Tax Calculator - determine how much tax you should be expecting to pay whether employed for self or through another. B. RRSP Tax Calculator - showing you the value of investing RRSP tax dollars based on your income bracket. You can find both tools above on the main menu under Tools > Tax Calculator Tools > RRSP Calculator visit www.premieraccountants.ca today to test them out.