Tax Deductions For The Self-Employed

Tax Deductions For The Self-Employed

It can be difficult to completely understand what does and doesn’t count as an expense deductible as a business owner. Many self-employed individuals can feel some confusion on what is considered a deductible expense. These expenses offset your income, lower your...
Canadians Are Running Out of Money In Retirement

Canadians Are Running Out of Money In Retirement

A survey conducted by the Bank of Montreal asked Canadians over 55 years old about their concerns of running out of money during retirement. The study by BMO showed 51% of respondents are concerned about health problems and costs, 47% are afraid they will run out of...
First Time Home Buyer’s Tax Credit 2017

First Time Home Buyer’s Tax Credit 2017

The Home Buyer’s Tax Credit (HBTC) is offered for first time home buyers as a non-refundable credit which allows most to claim a refund of up to $750 in the year that they purchased a home. If yourself or someone you know has purchased a home in 2017, they may...
The Reality Of Owning A Rental Property

The Reality Of Owning A Rental Property

Having worked for one of Canada’s largest Real Estate Developers as well as Canada Revenue Agency’s Rental Property Section – not to mention being a landlord for over 30 years myself – I have developed unique evaluation tools that allow for my clients to...
RRSP vs TFSA: What’s Right For You

RRSP vs TFSA: What’s Right For You

A topic of conversation that’s frequently brought up with my clients is about savings and retirement. As a common discussion, it’s important for everyone to learn more about the difference between RRSPs vs TFSAs and the benefits of both. When considering which savings...