Posted on November 15, 2019
by Danielle
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I have found the biggest mistake young families make is not planning prior to the arrival of their children. The fact is, the better you prepare for your financial future before baby is born, the better you’ll be prepared for the unexpected. New parents do not completely… Continue Reading “3 Money Tips to Follow Before Baby Comes”
Category: Parenting, Personal Finance, UncategorizedTags: Edmonton Accountant, Edmonton Accounting, edmonton bookkeeping, New parents, new parents taxes, personal accounting, personal finance, Personal Finances, personal income tax, Personal income tax tips, personal tax tips, Personal Taxes, personl tax prep, small business performance, tax tips for new parents
Posted on April 28, 2019
by Danielle
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You and your spouse are enjoying your golden years together and share pretty much everything. The CRA (Canada Revenue Agency) recognizes that sharing is caring, so they allow senior couples to split pension income. This can offer you big savings on your tax bill,… Continue Reading “Can I Split My Pension Income?”
Category: New Canadians - Immigrants, Personal Finance, Personal Tax, UncategorizedTags: Income Splitting, Pension Splitting, personal finance, Personal income tax tips, personal tax tips, seniors, Tax credits, Tax tips
Posted on April 26, 2019
by Danielle
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Whether you’re caring for your aging parents or just helping them with their taxes, here are some tips to keep in mind so you can both get the most back when you file your taxes. 1. Make sure they file a tax return: Sounds… Continue Reading “Filing Taxes for a Senior? 7 things You Can do to Maximize Their Return”
Category: New Canadians - Immigrants, Personal Finance, Personal Tax, UncategorizedTags: caregiver, dependent, eligible dependents, personal finance, Personal income tax tips, personal tax tips, seniors, Tax credits, tax deductions, Tax tips
Posted on April 22, 2019
by Danielle
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Your parents worked hard to take great care of you growing up and you’re happy to return the favour. The good news? The CRA (the Canada Revenue Agency) wants to say “thanks” too. If you’ve got an aging parent or relative living under your… Continue Reading “This is one of the Most Commonly Missed Tax Credits. Can You Claim it?”
Category: New Canadians - Immigrants, Personal Finance, Personal Tax, UncategorizedTags: caregiver, dependent, eligible dependents, Family income taxes, Family taxes, personal finance, Personal income tax tips, personal tax tips, seniors, Tax credits, tax deductions, Tax tips
Posted on April 18, 2019
by Danielle
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If you’re in your golden years or taking care of a family member who is, take a minute to review what credits and deductions you could both be eligible for. Make sure you file a tax return: Always file, because you could be entitled… Continue Reading “Tax Tips for Canadians over 65”
Category: New Canadians - Immigrants, Personal Finance, Personal Tax, UncategorizedTags: Family income taxes, Family taxes, personal finance, Personal income tax tips, personal tax tips, seniors, Tax credits, tax deductions