by Web Master | Mar 18, 2022 | Blogs
Did you pay tuition at an eligible educational institution? Then you may be able to claim the Canada Training Tax Credit (CTC) on your tax return. This refundable credit was created to help with training costs & is available to those with eligible tuition &...
by Web Master | Mar 11, 2022 | Blogs
Did you forget to claim some income on past tax returns? Or maybe you discovered a mistake on a past tax or GST/HST return? To correct past mistakes, you might want to apply for the Voluntary Disclosures Program (VDP). The VDP grants relief to taxpayers &...
by Web Master | Mar 3, 2022 | Blogs
You graduated & now face the task of repaying your student loans. While this can be distressing, were you aware you can claim your student loan interest as a tax credit on your tax return? Claiming the Student Loan Interest Tax Credit You can use this...
by Web Master | Feb 25, 2022 | Blogs
You’re starting up a small business & it’s time to decide, do you choose a Sole Proprietorship or Incorporation? Though each option is a valid legal business structure in Canada, your best bet is to look at the pros & cons & decide what works for your...
by Web Master | Feb 15, 2022 | Blogs
Living in our own homes as we age improves our quality of life. By doing so, we maintain our sense of well-being, independence & self-worth. However, to do so it is often necessary to undertake costly renovations to maintain our health & safety. Recognizing...
by Web Master | Feb 7, 2022 | Blogs
As a business owner or sole proprietor, you can claim food, beverage & entertainment expenses. The catch? These expenses have to be incurred for earning income. If your expenses qualify, then you can take advantage of the Meals & Entertainment Tax Deduction....
