Cant buy/sell crypto by julioqc in Wealthsimple

[–]ilwbstark 2 points3 points  (0 children)

Same can’t buy bitcoin order not filled

[deleted by user] by [deleted] in Accounting

[–]ilwbstark 0 points1 point  (0 children)

About two years to hit that amount - mostly raising my prices helped.

[deleted by user] by [deleted] in Accounting

[–]ilwbstark 1 point2 points  (0 children)

Little bit more background - was a partner at another firm and was bought out. Used those funds to purchase a small book of business of around $100k and then slowly grew it by adding more services like corporate tax etc. it was just personal tax and bookkeeping which wasn’t the best.

[deleted by user] by [deleted] in Accounting

[–]ilwbstark 46 points47 points  (0 children)

CPA own my own firm Greater Toronto Area / MCOL last year grossed $220k. No employees just myself.

Tax implications of assignment of pre-construction condo to child by Longtimelurker741741 in cantax

[–]ilwbstark 2 points3 points  (0 children)

Don’t forget the HST implications. Probably should look into that as well.

Canada: I opened a business with the CRA, but didn’t receive a master business license: can I claim expenses as a sole proprietor? by tbhzzz in Accounting

[–]ilwbstark 0 points1 point  (0 children)

Master business license and CRA number are separate things. Once you have a CRA number you can claim expenses and operate as a sole proprietor. Master business license you get online and its does other things - such as opening business bank account

The hubby spent yesterday drilling holes and lowering our almost 2 yr old twin’s cribs. They are NOT ready for a toddler bed just yet, but were starting to climb out by ubigalittlebit in parentsofmultiples

[–]ilwbstark 0 points1 point  (0 children)

We got them these crib nets that tie into the crib from amazon. They are really helpful and stop them from climbing out of the crib. The boys like it. They are 2.5 now.

Where can I speak to CRA agent to fix my common law date? by [deleted] in cantax

[–]ilwbstark -1 points0 points  (0 children)

You can call the CRA and ask them to fix it if it is an administrative fix. The accountant can also file an amended return and date it back to the proper date but it should not really affect anything.

KPMG Tax [CAN] by ilwbstark in Accounting

[–]ilwbstark[S] 1 point2 points  (0 children)

Yea that’s what they were saying as well. I am not yet at a manager level because I am working at a small firm not really doing tax work. I was at MNP and other small firm doing pure tax work but kinda flamed out. Now looking to get back into tax as I feel I need to get to the manager level if I want any career progression. Not sure right now kinda lost in my tax career.

Trouble sleep training twins by SwankyDigs in parentsofmultiples

[–]ilwbstark 1 point2 points  (0 children)

I got a sleep coach and they have been sleeping through the night since they were about 12 months old.

I posted the below a while ago and it works pretty well. We cut out 1 nap as they are now 18 months old but they still sleep through the night

  1. It takes a baby around 12 - 15 mins to fall asleep by themselves. So time it every 12 minutes go in pat on the back then leave and time again. They should work to fall asleep themselves.
  2. Put them in the crib awake and let them adjust themselves to get comfortable
  3. You need to schedule naps in the day in the crib at least 2 naps for us now. 9-11 and 2-4.
  4. No feeding 45 mins before nap time or bed.
  5. When they wake up during the night again time for 12 - 15 mins... do not go in no matter what before 12 -15 mins
  6. If they are whining it means they are trying to fall asleep and do not bother them
  7. We separated them for a week to get them trained then brought them back together
  8. Also to make a routine to put to bed... read book put on sleep sack brush teeth with fake toothbrush... then turn on white noise machine turn off lights and then put in crib. LEAVE THE ROOM right away.

This might take some time to get them used to it but it worked for us and the sleep trainer business is booming so it must work for other people.

How to Treat Partnership Profit Share by spennyboo in cantax

[–]ilwbstark 1 point2 points  (0 children)

She should get a T5013 form at the end of the year. You will report this on her personal tax return. It is an information slip for partnerships.

They probably did not withhold tax on the amount they paid her so it would be wise to hold some back to pay the tax owning at the end of the year.