Low-to-middle income families and families with children who have extra needs will benefit from the following child care changes.
This page provides information (including a table of penalties and frequently asked questions) about penalties for late or improperly filed forms and information returns.
The 2021 tax filing season is on the horizon and kicks off on February 22, 2021.
There are many ways for small businesses to legally reduce their income taxes in Canada. This guide offers some of the top strategies to lower your taxes and keep more money in your business. ARTICLE TABLE OF CONTENTS Always Collect Receipts Manage RRSP and… Continue Reading “Small Business Tax Strategies – Reduce Income Tax (2020)”
Registered Retirement Savings Plan (RRSP) An RRSP (registered retirement savings plan) is an investment account that is registered with the Canadian government and is used as a vehicle to save for retirement. An RRSP is different than a typical investment account because it provides… Continue Reading “Financial planning 101: Retirement”