Tax Deductions

If you run a business in Canada, you have likely asked: Are political donations tax deductible in Canada for corporations? The simple answer is no. But the full story is…

Running a business in Canada is exciting, but taxes can feel confusing. You might be asking, What is the business tax? Simply put, it's a tax on the profit your…

Running a business in Canada keeps you busy. You have many jobs to do, and one of the biggest is handling your taxes correctly. A big question for many owners…

Many Canadians ask us, "Does Canada have an estate tax?" The simple answer is no, not since 1972. But the government still collects a significant tax when someone passes away…

An estate worth $500,000 could pay up to $7,000 in probate fees, depending on the province. This is why it's so important to understand what are probate fees in Canada.…

As financial advisors, we know that waiting for money can be tough. That’s why an instant tax return in Canada seems so appealing to many people. But this service is…

Canada's tax rules can feel like a tricky puzzle. You want to learn how to reduce income tax in Canada, but the rules seem confusing. We make it simple for…

Tax deductions are crucial for businesses aiming to minimize expenses and maximize profitability. However, effectively claiming and supporting deductible expenses requires careful planning and understanding of tax regulations. In this…