Federal Budget 2022
Federal Budget 2022 On April 7th, 2022 the Federal Budget was released. This budget paper provides an overview and highlights […]
Benefit from 2022 Ontario’s Staycation Tax Credit
Ontarians who are planning a vacation (including family getaways) within the province this year could benefit from tax refund under
Evolving Tax Rules in Real Estate Industry
1- Am I considering all deductible expenses when preparing tax returns ? Commission Rebates Car expenses Work-space-in-the-home expenses Meals and
Consider Incorporation
Advantages of Incorporation 1- Limited Liability With a corporation, individual shareholders are not responsible for corporate debts or other liabilities.
RRSP – Should I Maximize?
Common Perspective: Maximize RRSP! When it comes to savings for retirement, nothing can beat it! Reality: Always consider below before
Renting Principal Residence – Changings in Principal Residence
Renting Principal Residence – Change in use of Principal Residence What is Principal Residence: Principal Residence is the housing unit
Government Promise Free and Automatic Tax Returns
Free automatic tax returns system promised for simple tax filers: This is a long-overdue change that will result in hassle
Tax Deadlines
Below are key income tax filing and payment deadlines Tax filing and Tax Deadlines Avoid interest and penalties by filing
Uses of Financial Statements
Financial Statements Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial