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Top 3 Changes To Canada’s Tax System You Need To Know For 2023

The landscape of properly filed taxes is ever-changing, and with new legislation and laws being introduced each year, keeping up with Canada’s various tax rules can seem overwhelming when you try and file on your own. For the 2023 tax filing season, several key changes could significantly impact how much you pay in taxes and

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Working from Home Tax Credits

If you collected COVID-19 related benefits last year, you might notice when you do your taxes that you owe much more than in previous years. This is mainly due to CERB payments and some of the earlier benefit payments. These benefits did not have any taxes taken off of them, which means that they must

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What Can I Claim On My Taxes When Working From Home During The Pandemic?

Since the beginning of the pandemic, many workforces have shifted from working in an office setting to having employees creating an office at home. This has forced many employees to purchase new furniture and office supplies to continue their job. The question is, can you write off these new expenses on your next tax return? 

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Working From Home? How to Claim Your Home Office Expenses

With millions of Canadians working from home as a result of the COVID-19 pandemic, many people had to purchase new computer equipment, desks and other supplies to help facilitate working from home. If you are an employee spending money to outfit a home office, the big question is what – if any expenses – will

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6 Great Practices to Get Organized and Start the New Year Off Right

It’s already mid-December and for many small business owners, these last few weeks of the year often end up being a last minute scramble to find lost receipts, track and make any year-end contributions, and tally up business expenses — among many other things. Getting organized in your home or office is all about developing