by Web Master | Sep 26, 2022 | Blogs
Clients regularly ask, are there Inheritance & Estate taxes in Canada? The good news is there is no inheritance tax in Canada on money or property you inherit. As a result, you do not report receiving it on your personal tax return. Why may you ask? It is the...
by Web Master | Sep 22, 2022 | News
The Canada Revenue Agency (CRA) announced that the prescribed interest rates are increasing from October 1, 2022 to December 31, 2022. What does this mean to you as a personal &/or corporate taxpayer? For information on prescribed interest rates, the latest...
by Web Master | Sep 22, 2022 | News
The first installment of the climate action incentive payment (CAIP) was sent out today & recipients will receive both the April & July payment in one lump sump. The next installments will be October 15, 2022 & January 15, 2023. For more information on...
by Web Master | May 11, 2022 | Blogs
A Registered Retirement Savings Plan (RRSP) is a great way to save for retirement. It offers flexible investing with tax-free investment growth in the plan. Withdrawal(s) usually happens during retirement when you are in a lower tax bracket resulting in lower tax...
by Web Master | Mar 17, 2022 | News
It’s March 2022 & time to get your taxes in! The federal government is late with CPP & OAS slips this year. Don’t worry, they are coming & are being sent out the week of March 14, 2021. Even if you don’t have them, we have online...
