Find out what’s new for 2020 and your filing and payment due dates, gather your documents to report income and claim deductions.
Tag Archives: Personal income tax tips
Guide for cryptocurrency users and tax professionals
This article outlines the income tax implications of common transactions involving cryptocurrency.
2020 Personal tax prep guide
The 2021 tax filing season is on the horizon and kicks off on February 22, 2021.
Small Business Tax Strategies – Reduce Income Tax (2020)
There are many ways for small businesses to legally reduce their income taxes in Canada. This guide offers some ofContinue reading “Small Business Tax Strategies – Reduce Income Tax (2020)”
Life Insurance for a Family of One
We spend a lot of time talking about how couples, families and businesses can protect their financial futures with lifeContinue reading “Life Insurance for a Family of One”
2020 Personal Income Tax Changes You Need To Know
When you look at your household budget, the amounts you’re spending on mortgage/rent, transportation and food are usually top ofContinue reading “2020 Personal Income Tax Changes You Need To Know”
Stop Thinking Of Your Goals As Resolutions
Did you make a New Year’s Resolution this year? Why not ditch the resolutions this year and make some smartContinue reading “Stop Thinking Of Your Goals As Resolutions”
3 Money Tips to Follow Before Baby Comes
I have found the biggest mistake young families make is not planning prior to the arrival of their children. The fact is,Continue reading “3 Money Tips to Follow Before Baby Comes”
What medical expenses can I claim on my taxes in Canada?
Medical expenses can be claimed on your tax return through the Medical Expense Tax Credit (METC). The Medical Expense TaxContinue reading “What medical expenses can I claim on my taxes in Canada?”
Can I Split My Pension Income?
You and your spouse are enjoying your golden years together and share pretty much everything. The CRA (Canada Revenue Agency)Continue reading “Can I Split My Pension Income?”