Factors Affecting The Exchange Rates Of USD/CAD

Forex markets are highly volatile, where the exchange rates of currencies keep fluctuating every minute. The USD/CAD is one of the most popular currency pairs in the forex markets. USD/CAD is the exchange rate quoted to exchange US dollars to Canadian dollars. In short, it is the amount of Canadian dollars you receive for one US dollar. Many factors such as the political issues, economic forces, imports and exports, etc. influence the rate of exchange of USD and CAD currencies. Let us understand about a few of them. CAD is…

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How CRA Audit Protection Can Make You Survive A Tax Audit

More small and medium-sized companies are facing a CRA audit these days. The Canada Revenue Agency or CRA is scheduled to make follow-up audits to these businesses. Knowing how CRA chooses taxpayers for audit, and what to expect during the audit, can make you well prepared if you’re chosen for the audit. For this reason, you need a CRA audit protection to ensure that there is insurance to back you up, especially when you’re required to pay exuberant fines and penalties. So, here are useful tips to complying tax rules…

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Increase In Sales Tax Demanded By A Coalition In Colorado To Fund Transportation Sector

According to an announcement made by a group of civic leaders and businesses in Colorado, they are trying to gather signatures in order to persuade voters to vote for a sales tax hike of 0.62 per cent in the coming November election. The money collected from the increase will help the state get the billions of dollars they need in order to fund for infrastructure growth and development. This is necessary in addition to taxes paid by businesses that obtain a tax ID in Colorado which contributes to the states’…

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