Incorporation is a strategic imperative for small Canadian businesses seeking financial optimization and enhanced accounting practices. Learn when, how and why you should incorporate.

Claiming Deductions: Essential Business Expenses for Canadian Businesses

If you have an RRSP, it’s not enough to just contribute regularly. If you fall into one of the higher tax brackets; it’s also wise to top off your contribution limits before the deadlines to maximize your deduction. February 28, 2023 is the RRSP contribution deadline for this coming tax year.

Just like other registered accounts, a TFSA is a tax-sheltered means to grow your money and has no limits on how you use your savings. In 2022, the maximum amount you can contribute is $6,000 plus any unused contribution room from previous years.

Fall is actually the best time to start thinking about your taxes. It allows you to get organized and assess what cost-saving actions you can take before the end of the tax year.

We’re here to make sure your tax filing experience is a breeze and keep more of your hard-earned money in your pocket. Let us share with you some of our year-end tax planning strategies.

Most business owners wait until spring to start thinking about their taxes but this could cost them thousands of dollars. Fall is actually the best time to start thinking about your taxes. It allows you to get organized and assess what cost-saving actions you can take before the end of the tax year.