Personal Tax Tips and Strategies

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How New Canadians Can Make the Most of Tax Credits in Their First Year

Moving to Canada is an exciting milestone, but it also comes with new systems to navigate—especially when it comes to taxes. Many newcomers are surprised to learn that they may qualify for several federal and provincial tax credits during their very first year of residency. Understanding these benefits can make a meaningful difference in your […]
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Funding Higher Education in Canada: Tax-Smart Strategies for Parents

Supporting your child’s post-secondary education is one of the most significant investments a parent can make. Tuition fees, textbooks, residence, and living expenses add up quickly, making early planning crucial. Fortunately, Canadian families have access to several tax-efficient tools designed to ease the financial burden. From Registered Education Savings Plans (RESPs) to federal grants and […]
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Allowable vs. Non-Allowable Expenses for the Self-Employed: Common Mistakes and What to Watch Out For

Running your own business means wearing many hats — from marketing and sales to bookkeeping and taxes. When it comes to filing your taxes as a self-employed individual, one of the biggest areas of confusion is what expenses you can (and can’t) claim. Each year, we see expense packages that include a mix of allowable […]
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