How Taxes Affect Retirement Investments

For Canadians and Americans, taxes affect retirement no matter which side of the border you choose to spend your golden years. Responsible retirement planning enables self-sufficiency after the passing of a person’s earning years, so the government (and taxpayers) are … Read More

Health Insurance and Taxes: Learn the Ins and Outs

A business’s participation in health insurance plans has a direct impact on how their taxes are paid and what can be deducted from their income. There are lucrative incentives to contribute to health insurance plans, but conditions apply. First, know … Read More

What is Payroll?

Payroll is one of the most vital elements of any business. It is basically the sum of all financial records of an employee, thumb which include salaries, bonuses, wages and deductions. In accounting, payroll refers to the amount employees receive … Read More