August 10, 2024
Tax Rates 2024 for Ontario Residents Definition of Effective Rate and Marginal Tax Rate: The effective tax rate is the actual percentage you pay on your […]
February 27, 2024
What is a Bare Trust? Bare trust is a type of trust where the trustee acts as an agent for all the beneficiaries under the trust […]
July 22, 2023
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 Definition of Effective Rate and Marginal Tax Rate: The effective tax rate is the actual percentage you pay on your […]
February 1, 2023
What is the Underused Housing Tax? It is not safe to assume that the Underused Housing Tax may not apply to you just because you are […]
April 18, 2022
Federal Budget 2022 On April 7th, 2022 the Federal Budget was released. This budget paper provides an overview and highlights key features included in the budget. […]
March 7, 2022
Ontarians who are planning a vacation (including family getaways) within the province this year could benefit from tax refund under the new Ontario Staycation Tax Credit […]
February 14, 2021
1- Am I considering all deductible expenses when preparing tax returns ? Commission Rebates Car expenses Work-space-in-the-home expenses Meals and entertainment Advertising expenses Office expenses and […]
December 12, 2020
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 […]