The end of the year is always a good time to review your personal finances and take advantage of any tax-saving opportunities that may be available to you before the new year. We’ve put together a list of common year-end tax planning considerations for individuals. If you would like help...
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For business owners, the end of the year is a good time to consider ways to improve your tax position. We’ve put together a list of common year-end tax planning considerations to help you ensure you don’t pay more in taxes than you have to. If you would like help...
Finance Minister Bill Morneau announced several tax changes last week, including updates to the proposed legislation released on July 18th, 2017. Changes to the Small Business Corporate Tax Rate Morneau announced that the federal small business tax rate will decrease from 10.5% to 10% effective January 1st, 2018, and will decrease again...
As summer kicks into high gear, many Canadians are packing their suitcases and heading off on vacation. But a recent Expedia.ca survey found that over half (55 per cent) of Canadians consider themselves “vacation deprived.” This is often the case for business owners, many of whom don’t feel they can...
When you’re busy running a business, it’s easy to let tax planning take a back seat until the filing deadline is near, but you’ll be better off financially if you think of tax planning as a year-round activity. Here are some things you can do now to save money on next...
Since the 2017 Federal Budget was unveiled on Wednesday, many people have asked us what impact it will have on their finances. To help answer this question, here a few items from the 2017 Budget that may be of interest: There are no changes to corporate or personal income tax rates or the small...