Welcome to Magic Accounting
[supsystic-slider id=1 position=”center”]
Canada’s 2020 tax season: 4 things you need to know before you file
Let’s face it, online software and auto-fill features are making tax-filing less and less painful even for the do-it-yourselfers. Still, whether you’re outsourcing the work to an algorithm or an accountant, it’s always a good idea to know when deadlines fall and what’s new every year.Here’s our guide to the 2020 tax season: 1. When […]
What is Tax?
A tax (from the Latin taxo) is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist […]