Jul 14, 2023 | Personal Finance
Maintaining a good credit score is essential for financial stability and freedom. A credit score is a numerical representation of a person’s creditworthiness and reflects their ability to pay back loans and credit card debt. A good credit score can lead to lower...
Jul 7, 2023 | Personal Finance
Just like that in the blink of an eye your baby has graduated high school and soon will embark in their next life stage. Having contributed to their RESP over the years (Subscriber), you are now looking to withdraw funds to pay for their post-secondary education...
Jun 29, 2023 | Income Tax, Personal Finance
When it comes to dealing with the Canada Revenue Agency (CRA), taxpayers often find themselves navigating through a maze of complex terminology. Two commonly misunderstood terms are “review” and “audit.” CRA Review A CRA review is an...
May 26, 2023 | Personal Finance
There is a lot of information available about protecting yourself from identity theft. However, if you ever have had your identity stolen, there is unfortunately not enough support and resources available. With technology and artificial intelligence growing leaps...
Mar 21, 2023 | Bookkeeping, Income Tax, Personal Finance, Small Business
Updated February 29, 2024 We prepare a lot of tax returns, so we have seen it all. Many forget or don’t even realize they may be eligible to claim tax deductions or credits. So here is our list of the top 10 most overlooked tax deductions and credits (in no particular...
Mar 3, 2023 | Income Tax, Personal Finance
Upon the death of a loved one, the executor will have a list of responsibilities to fulfill, including closing the file on tax obligations and debts. The executor must first inform the Canada Revenue Agency and Service Canada of the death. This is to ensure that all...
