What types of protection are right for you?
CRA outlined credits, rebates and reporting requirements
Maximizing income tax deductions.
Completing the T1's martial status isn't always straightforward.
The article below may help you tick the appropriate box.
Enjoy a bounty of good eats that are both delicious and healthy. See the attached article.
Winter activities - there are lots of different ways to get out and enjoy Canada's coldest time of year.
If you are looking to try something new, read the attached article.
What is the true replacement value of the mom in your home? The most recent estimate of median annual salary for a stay-at-home mom is $178,201. The article below will offer some insight and critical areas to explore.
CRA says it's aware of some tax slips that wrongly list portions of repaid benefits as taxable income. If you received CERB funds, you should read the article below.
CRA has expanded eligibility and simplified the requirements to claim home office expenses for employees working from home during Covid 19. Read the article below for what you need to know for the 2020 tax year.
Structuring your income sources can make a difference!
It's important to look at ways to reduce reported income. Canadians age 65 and older may qualify for many valuable government benefits such as Old Age Security and the Age amount credit. However, if the income reported is too high, these benefits can be clawed back and, in some cases, forfeited altogether.