This post will cover some basic strategic moves you can make to have a brighter financial future.
Canadian taxes
How Tax Brackets Work
In Canada, the more you make, the more income tax you pay.
Employment Expenses Tax Deduction
The employment expenses tax deduction in Canada is very necessary for working Canadians.
Claiming Vehicle Expenses
The use of a personal vehicle can be tax deductible for both employees and self-employed individuals.
Working From Home Tax Credit
The working from home tax credit is still available in Canada for your 2021 taxes.
Canadian Personal Tax Credits
Personal tax credits are programs and incentives that help Canadians save money and reduce tax.
Early Bird Tax Preparation Discounts
If you have all your documents ready early, you can potentially save a lot of money this tax season.
Cloud Tax Accountant Benefits
Discover the benefits of using a cloud tax accountant. Compare cloud tax accounting with paper tax preparation to help guide you.
KATA Accounting’s Early Bird Tax Specials
If you get everything to us before April 1st, 2021, you get 30% off!
Canadian Personal taxes
Tax breaks you can no longer claim: Tuition. Students in Saskatchewan, Ontario and New Brunswick can no longer claim a provincial tax credit for their tuition expenses, noted Warren Orlans at TurboTax. The federal tuition tax credit, however, is still alive and well. Students over the age of 16 who are enrolled in post-secondary level courses Continue reading