Category: Tax Tips

Benefits of Tax-Free Investing
Tax Tips
Unlocking the Power: Embracing the Benefits of Tax-Free Investing

For most Canadians, investing in a Tax-Free Savings Account (TFSA) or a Registered Retirement Savings …

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Income Splitting
Personal Tax, Tax Tips
Income Splitting in Canada for 2023

The federal government’s expanded Tax on Split Income (TOSI) rules came into effect on January …

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Can I Deduct My Home Office Expenses?
Tax Tips
Can I Deduct Home Office Expenses on my Tax Return 2023?

A growing segment of the Canadian population is self-employed, and many are operating their business …

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New personal tax credits
Personal Tax, Tax Tips
New Personal Tax Credits 2023

What is a Tax Credit? When filing your tax return, you can claim any tax …

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RRSP Deadline 2013 for 2012 RRSP Contribution
Tax Tips
RRSP Deadline 2022 & Contributions

Many Canadians may have challenges saving money for retirement due to the different situations and …

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Tax Tips
How to Pay Airbnb Host Taxes in Canada?

Do you wish to determine whether your Canadian Airbnb income is taxable or not?  Have …

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Corporate Tax, Tax Tips
What are Stock Options and How are They Taxed in Canada?

What is a stock option? Stock options are a financial tool that permits the option …

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Tax Deductions when Moving to a New Job in Canada
Tax Tips
Moving Expenses Tax Deductions in Canada

If you are relocating for a new job in Canada some of the expenses you …

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The Tax Benefits of Shareholder Loans
Corporate Tax, Tax Tips
Tax Benefits of Shareholder Loans

As a shareholder of an incorporated business you should consider the possibility of issuing shareholder …

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Personal Tax, Real Estate, Tax Tips
How to Pay Less Tax on Rental Properties

Let’s face it! We all want to pay fewer taxes. The first step always is …

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Corporate Tax, Personal Tax, Tax Tips
How to Qualify for Ontario Interactive Digital Media Tax Credit (OIDMTC)

As there is a notable shift in the world due to digital technology forces, the …

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Corporate Tax, Personal Tax, Tax Tips
How Much Does it Cost to Buy a Dental Practice? – Ultimate Guide

Buying a dental practice is a very stressful and time-consuming process. It can be a …

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