July 22, 2023

What is better for you: Salary or Dividend

Options to Withdraw Funds: The two most popular options to withdraw funds from the business are taking a business salary or dividends. A third option is […]
February 26, 2023

Tax Rates 2023 – For Ontario Residents

Tax Rates 2023 for Ontario Residents Definition of Effective Rate and Marginal Tax Rate: The effective tax rate is the actual percentage you pay on your […]
December 12, 2020

RRSP – Should I Maximize?

 Common Perspective: Maximize RRSP! When it comes to savings for retirement, nothing can beat it! Reality: Always consider below before investing in RRSP: Current income level […]
November 24, 2020

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 that is ordinarily inhibited by taxpayer […]
April 26, 2020

Tax Deadlines

Below are key income tax filing and payment deadlines Tax filing and Tax Deadlines Avoid interest and penalties by filing and paying tax liabilities before deadlines […]
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