Tax and Financial Stuff You Need to Know

How Much Tax Will I Save With This RRSP Contribution?

What Does the Tax Saving Depend On?

Medical Travel Is Not Just Kilometres

What Else Could I Deduct?

Do You Want to Scale this Business?

I like to ask new business owners if they are planning to sell their business. Often, I am told…

Decreasing Expenses

Another strategy if the goal is to make more profit is to find a way to reduce expenses. Remember that profits are the…

Consider Location When Quoting a Job

If you are working out of town, then you need to charge for travel. This seems pretty obvious…

Parent with the Lower Taxable Income Must Claim Childcare

Childcare is Only Deducted From Earned…

Are You Building Your Business to Sell?

I teach new business owners about taxes and financial stuff. One of the things I like to…

Canada Revenue Agency Is Not in Charge of Accounting

They Are in Charge of Tax Compliance

How Can I Pay Less Personal Income Tax?

I have no idea how many times I have been asked this question in the 40 plus years I have…