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....
by Web Master | Jan 20, 2022 | Blogs
The cost of a post-secondary education is constantly increasing & one of the biggest expenses students face is their tuition fees. To reduce taxes, students attending post-secondary institutions can claim the Tuition Tax Credit. This non-refundable tax credit...
by Web Master | Jan 14, 2022 | Blogs
The Canada Revenue Agency (CRA) typically sends out about 30,000 letters a year letting Canadians know they are being audited. While that is only 0.1% of the tax paying population, you may be wondering what to do if it happens to you. CRA audits are seldom random....
by Web Master | Jan 7, 2022 | Blogs
One of the most common problems we face in our connected world today is scammers. They are constantly invading our privacy by pretending to be legitimate agencies. As a result, we are either scammed out of something or are refusing to engage with real agencies such as...
