WHO ARE WE
Virtual Heights Accounting are your online accountants. We are a technology focused virtual CPA firm with extensive small and medium sized business experience. We use technology to reduce the administrative burden facing businesses. We provide bookkeeping, controllership, CFO, year end and tax services with a focus on process improvement and automation. Online and right to your door.
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Understanding the Risk of a Personal Services Business
It's important to consider the risk of a Personal Services Business (PSB). If the Canada Revenue Agency (CRA) declares your corporation a PSB, you could lose most of your tax deductions. Worse, you may be [...]
What You Need to Know About 2020 T4 Preparation
Due to the Covid-19 pandemic, employment income reporting on 2020 T4 slips will be a bit different in 2020. To validate Covid-19 benefits claimed by taxpayers, the Canada Revenue Agency (CRA) is turning to employers [...]