Tax season: the annual dance with paperwork, calculations, and perhaps a little anxiety. But fear not! Understanding tax instalments can transform your tax game from Continue reading
Jake Schmidt
Paying Taxes to the CRA
Don’t Fear Taxes Owing to CRA Tax season can be a stressful time for many Canadians, especially if they find themselves owing money to the Continue reading
Demystifying CRA Tax Refunds
Introduction Tax season is often a time filled with anxiety and uncertainty for many Canadians. However, amidst the paperwork and calculations lies a silver lining Continue reading
Disability Tax Credit (DTC)
In Canada, individuals living with disabilities often face unique financial challenges. To alleviate some of these burdens, the Canadian government offers support through programs like Continue reading
How to Claim Medical Expenses
Armed with the right knowledge and guidance, claiming medical expenses in Canada can be a straightforward process that can yield significant benefits. Let’s delve into Continue reading
When are Renovations Tax Deductible?
CRA’s Multigenerational Home Renovation Tax Credit (MHRTC) The multigenerational home renovation tax credit is a new refundable tax credit that can be claimed on your Continue reading
Child Care Expenses
In this article, information will be provided to give insight on the following topics: What are child care expenses? Child care expenses are amounts Canadian Continue reading
Spousal RRSPs
What are Spousal RRSPs? Spousal RRSPs are Registered Retirement Savings Plans available for married and common-law couples. Similar to an individual RRSP where the account Continue reading