Save Now Blog

INCORPORATION

Let’s Incorporate

The incorporation process is relatively simple whether you incorporate provincially or federally.

As a sole proprietor, you may be looking back at last year’s...

PERSONAL FINANCE

Happy New Year!

The end of the year is a good time to review long-term investments and mortgages.

New Year’s resolutions. So easy to make, so hard to keep. According to a...

FRAUD PREVENTION

Income Tax Scams

Beware of telephone calls or emails from persons pretending to be CRA agents and asking for personal information or promising you a tax refund.

According to the...

MANAGEMENT

Burnout

Overly stressed employees can negatively affect productivity and profitability.

The flatness of modern management structures has reduced the administrative and even the social...

TAXATION

Salary or Dividends?

The way a bonus is paid has a significant effect on corporate and personal after-tax income.

You are an owner-manager and you've just had a really good year. Profits...

The Globe and Mail has recently published an excellent article on Medial Expenses.

Tax advice for an aging nation: Get to know the medical expense tax credit.

The shadowy medical expense tax...

Make sure you hire the right person or company to prepare your income tax return.

According to the Canada Revenue Agency (CRA), 28 million people file income tax returns each year and of that...

We are starting income tax season so this is an ideal time to review some of the changes that will apply to this year's tax return. A federal election is scheduled for later this year, so it is no...

March 2, 2015 is the deadline for Registered Retirement Savings Plan (RRSP) contributions that qualify for deduction on your 2014 tax return. Several clients have contacted me recently to confirm...

You can claim on your personal tax return, eligible medical expenses for yourself, spouse and dependent children born after 1996, for any 12 month period ending in that tax year. The medical...