Filing taxes at the end of the financial year can be a daunting task, even the smallest of errors could cost you. Moreover, with the continually changing tax laws, clients have a ton of questions but often find answers difficult to come by. To help you gain some clarity, Gray & Associates want to arm you with the most accurate information available and to do this we have answered some of the most frequently asked questions about taxes.

Season’s Greetings from Gray & Associates

Gray & Associates | Nov 22, 2019

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The Gray & Associates team wishes you the happiest of holidays this season. May the New Year be filled with joy, health, and prosperity!

If you need any assistance from us during this time, feel free to get in touch with us by clicking here.

CRA found more than $1B auditing smaller businesses last year

Gray & Associates | Nov 20, 2019

chartered professional accountants Vancouver

The average amount identified per small business audit was $137,000

The Canada Revenue Agency identified $1.185 billion from audits of small and medium-sized enterprises (SMEs) last year, said CRA officials speaking at the Canadian Tax Foundation’s Ontario Tax Conference held in Toronto in late October.

CBC News: Scammers spoofing more than a dozen federal government departments to defraud Canadians

Gray & Associates | Nov 11, 2019

chartered professional accountants Vancouver

Scam artists are using phone numbers from more than a dozen federal government departments to defraud Canadians — making it look as if the calls are coming from legitimate government agencies and police departments.

Season’s Greetings from Gray & Associates

Gray & Associates | Dec 10, 2018

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Gray & Associates wish you and your family a happy and safe holiday season, and all the best for the New Year 2019!

Meet The Faces Behind Gray & Associates

Gray & Associates | Oct 15, 2018

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We are Brian Gray and Geoff Reid, partners in Gray & Associates, Chartered Professional Accountants.

We look forward to sharing our story. We hope that you will enjoy getting to know us better.

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Common Accounting Mistakes People Make

Gray & Associates | Aug 06, 2018

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Accounting can be quite challenging, and usually gets quite hectic towards the end of the accounting season. To avoid the stress during tax season, certain processes have to be implemented throughout the year.

Top Five Things to Look for When Hiring a Professional Chartered Accountant

Gray & Associates | May 01, 2018

Top Five Things to Look for When Hiring a Professional Chartered Accountant

Hiring an accountant is crucial to your business. The right accountant will keep you in compliance with the law through proper tax filings, and accurate financial statements. By hiring an accountant, you also have the benefit of their knowledge and the ability to seek their advice on important financial decisions.