Mar 29, 2022 | Personal Tax and Finance
Thinking about retirement? Chances are you’ve started considering how your Canadian Pension Plan (CPP) can help you achieve your retirement goals. But when should you start collecting your CPP payments? Does it really make a difference if you apply to collect at 60 or... 
Mar 15, 2022 | Personal Tax and Finance
If you’ve either started or stopped renting out your home in the 2021 tax year, you’ll likely need to file a change in use election along with your tax returns this year. This might sound a bit daunting, especially if you’ve never dealt with one before. But, it’s... 
Mar 1, 2022 | Personal Tax and Finance, Tips for your Business
We know first-hand from our clients how overwhelming it can be to get tax return documents ready for your accountant. All too often, we see things get lost or disorganized in the rush, meaning our team needs to spend extra time getting things in order before we can... 
Feb 17, 2022 | Personal Tax and Finance
With the March 1 deadline to contribute to an RRSP for the 2021 tax year fast approaching, you may have questions about how to make your RRSP work best for you. We know trying to figure out the written and unwritten rules of RRSPs can be overwhelming, so we’ve... 
Sep 1, 2021 | Personal Tax and Finance
Several NPOs are more focused on their mandates and objectives, which leaves little time for administrative tasks like bookkeeping | iStock NPOs are provincially and federally incorporated, which means they are obligated to file a corporate tax return and... 
Mar 1, 2021 | Personal Tax and Finance
Watch your inbox, your mail box and your online accounts for end of year reporting statements from investments and all your T Slips. There’s no penalty from CRA the first time you miss a slip on your tax return. If, however, you miss reporting two slips over a certain...