Here’s Are the Tax Updates You Need to Know! We’re at that time where documents are being gather, receipts are being collected, and everyone is preparing for their personal tax return. Knowing the tax updates will make sure you get the most out of your filing and preparation. Read about some of the key changes […]
Category Archives: Business
Tax Return Filing Deadlines for Your 2022 Return It’s that time of the year again and that means gathering all your documents, receipts, and information for your tax filing. This guide will go over some important tax return filing deadlines you need to know for this year. It is important to file your return early […]
Disability Tax Credit and Your Income Tax Return The disability tax credit reduces income tax for people with physical or mental impairments. Alternatively, it can also be used by their supporting family members to reduce what they may have to pay in income tax to reduce costs related to the impairment. Keep in mind that […]
Prepare for the RRSP Deadline in this Tax Season Throughout the year, you may have been contributing to your RRSP. To get the deduction for the 2022 tax year, the contributions must be done before the RRSP deadline of March 1, 2023. Ensure the contributions meet your registered retirement savings plan (RRSP) deduction limit which […]
Property Transfer Tax Rates & Rules in BC Once you’ve purchased or gained interest in property registered at the Land Title Office in British Columbia, a property transfer tax return must be filed. This involves paying the property transfer tax unless there is an exemption you qualify for. The property transfer tax is based on […]