Some big new tax benefits are coming in 2023: Here’s how to make them work for you
January 19, 2023
From first-time home buyers to employees working from home, there’s better ways to save or get money back this year.
From first-time home buyers to employees working from home, there’s better ways to save or get money back this year.
Consider making a charitable donation, topping up your RESP, using your benefits, adding to your savings, and, above all, monitor your tax tab, advises Lesley-Anne Scorgie.
We all know that Santa and Mrs. Claus are Canadian citizens and residents. So, like all Canadian residents, Santa has to file tax returns in Canada. What’s changed in 2022 that might affect his taxes? Let me share a few things.
The Canada Revenue Agency has provided new guidance on what is considered a “reasonable” expense for educational purposes.
It’s not about predictable things; buying in the community, giving money for an RESP or tuition, helping someone feel better, are great contributions.
Life Insurance as an Asset Class Life insurance can be an alternative asset for individuals looking for a product with a reasonable return and low
Knowing how much you need to save based on how old you are now can start you on the path to help you reach your retirement goals. There are a few simple formulas that you can use to come up with the numbers.
Many young people have never had discussions with their parents about matters related to matters such as the transfer of family assets, designation of power of attorney, or other money and financial affairs.
Executives need to carefully plan for retirement, especially as their ongoing expenses may be higher and they will need to save more to support their lifestyle in retirement.
Can a Living Trust save taxes and fees on your estate? The short answer is Yes!
16 Industrial Parkway South, Suite 609
Aurora, ON L4G 0R4