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)”

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?”

Registered Retirement Savings Plan (RRSP)

Party now, pay later RRSP is short for Registered Retirement Savings Plan. The idea with this type of investment accountContinue reading “Registered Retirement Savings Plan (RRSP)”