Blog

The New Income Splitting

Income splitting is a hot topic these days, especially since the Federal Government changed the rules as of January 1. The change affects those who own a corporation and limits the ways that business owners can distribute income. Click here for more information on the...

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Financial Literacy – Tax Brackets

There is a lot of misunderstanding about how tax brackets work. I recently spoke about it at a seminar at the Centre for Social Innovation and below you’ll find the gist of the presentation. Many people hear the phrase ‘moving to a new tax bracket’ and...

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Can You Deduct Your Moving Expenses?

Yes, but you have to be moving 40 kilometers closer to work (or school). You can claim moving expenses if you’ve graduated from University and are moving back home - as long as school was more than 40km away from and you have a job! Often kids don’t move home without...

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The new Canada Caregiver Credit

For many years, the government has allowed people to claim dependents on their taxes. This applies not only to children, but also those in their family who require daily care such as an elderly parent or a family member who is disabled. There are currently three...

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Does your accountant do enough for you?

Testimonial: For the first time in all my years of business I feel comfortable with my taxes. You taking your time yesterday made all the difference in the world. I look forward to building on this relationship as my business grows. 🙂

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