by Jonathan Carter, CPA, CMA | Feb 23, 2021 | Personal Finance
What is a Registered Retirement Savings Plan (RRSP)? A retirement savings plan that you establish with a financial institution, which is registered with the government, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can...
by Jonathan Carter, CPA, CMA | Feb 22, 2021 | Personal Finance, Personal Tax
Need someone to prepare your Canadian taxes this year? Check out our personal services today. If you get everything to us before April 1st, 2021 you get 30% off!Jonathan Carter, CPA, CMA But don’t worry, if you miss that deadline you can still get 10% off by...
by Jonathan Carter, CPA, CMA | Feb 22, 2021 | Personal Finance
Should you invest in a Registered Retirement Savings Plan (RRSP) or a Tax-Free Savings Account (TFSA)? Our answer is always, “it depends on the situation.” Contact us today if you need expert advice on your specific situation. Some general guidelines follow. RRSPs...
by Jonathan Carter, CPA, CMA | Feb 10, 2021 | Personal Finance
Happy Valentine’s Day! Considering moving in with that special someone? Congratulations! Discussing and agreeing on the details of your new love merger can make the process a lot easier. Where do you want to live?Will you rent or buy?Whose turn is it to do...
by Jonathan Carter, CPA, CMA | Jan 29, 2021 | Personal Budgeting, Personal Finance
BUDGETING Given the current COVID-19 pandemic, many families and individuals have experienced financial hardships. For this reason, the creation of a family or individual budget can help people save money during this difficult time. A budget could be used as a way to...
by Jonathan Carter, CPA, CMA | Jan 20, 2021 | Personal Finance, Personal Tax
2020 Personal Tax FAQs *Plan ahead for tax-filing season. To avoid delays and to reduce your potential exposure to COVID-19, the Canada Revenue Agency (CRA) encourages you to sign up for direct deposit, and file online as early as February 22, 2021.* GENERAL Do I need...
