Financial & Tax Blog
What Happens If You Don’t File Your Taxes on Time in Canada?
The tax deadline has come and gone – now what? It might feel easy to ignore the issue at first, but as time ticks on, you can only bury your head in the sand for so long. Taxes are a legal obligation, and therefore strict consequences await those who don’t file on...
How to Claim Your Home Office Expenses
Working from home quickly became the norm for many in 2020. In fact, many employees have continued to work remotely well into 2022 (and beyond). This change in lifestyle has required a lot of people to absorb the cost of doing business at home such as increased power...
When Should You Do Your Own Taxes vs. Hire an Accountant?
We can count on tax season every year – and these days, with the price of everything on the rise, you might be tempted to try doing your taxes yourself versus working with an accountant. In fact, cost savings is the most obvious reason people choose to tackle their...
Changes and Credits for Tax Year 2022
We’re well into the New Year, which means new tax changes have been put into effect. Many of us felt some financial crunches in 2022 as the cost of living dragged the world up a steep incline, setting records for inflation that we haven’t seen in a generation!...
Tax Deductibles for the Self Employed
Tax season is very soon upon us! If you're self employed, now is a great time to begin sorting out your receipts and calculating expenses to save Future You from the crunch of finding a tax specialist at the last minute later on. Since the usual April 30th tax...
Your Year-End Financial Review
End of year is a time we like to reflect on the past and set goals for the year ahead. At this time, we may sit back and consider the experiences we’ve had, the growth we’ve made, and the lessons we’ve learned over the last 12 months. But as we check-in with...
Thinking About Retiring? Our Advice on Tax Planning and Credits
When we decide to stop working and enjoy retirement, it’s important to rebalance our finances as well as our lives. During this transition, countless questions may come to mind ranging from the practical to the esoteric. “When can I stop filing my income tax?” is one...
Teaching Financial Literacy to Kids
Setting kids up for success as adults means helping them understand how to make a budget, save money, and pay bills. Here’s our advice for doing just that.
Back to School Budgeting
Back to school often means back to budgeting. Here are some small changes you can make that will have a big impact on your family budget.
Step by Step: Your Mid Year Financial Review
Financial plans require regular maintenance to keep things running smoothly. Here’s why you should conduct a mid-year review.
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