Running a small business often means that in order to save money, you need to do a lot of the tasks that come with business ownership by yourself. However, certain
If you are among the many employees who were asked to work at home last year because of COVID-19, you may be wondering how you should claim your home office
There are many benefits attached to having a Will. In fact, it’s a true risk and bad idea not to have one! Some benefits of having a will include the
Canada Emergency Business Account (CEBA) was launched on April 9, 2020. It provides interest-free bank loans, guaranteed by the government, of up to $40,000 (now $60,000) to small businesses and
B.C.’s Home Owner Grant threshold is set at $1.975 million for 2022, ensuring 92% of residential properties are covered by the grant that lowers the amount of property taxes people
2021 Due Date for Tax Returns & Payments is May 2, 2022. The tax-filing deadline for most Canadians (for the 2021 tax year) is on May 2, 2022. Normally, the
Financial planning is vital for any business, especially small to medium business owners. Businesses that have a financial plan in place are more prepared to pitch to investors, receive funding,
When starting a business, one of the first decisions an owner must make is what structure to use. Your friends and colleagues tell you that you should incorporate to save
Despite being in the midst of the Covid-19 pandemic, many Canadian cities, like Vancouver and the lower mainland, are experiencing a “seller’s market”. The lower mainland has been a very
The Federal government has recently announced new incentives to make zero-emission vehicles (“ZEV”) more affordable for Canadians. If you are considering purchasing an electric, hybrid, or hydrogen fuel car, then
The 2021 Federal Budget announced proposed changes allowing Canadian Controlled Private Corporations (CCPCs) temporary immediate deductions on eligible property. Under this change, a CCPC can deduct 100% of capital outlays
During the 2021 federal election, the Liberal Party of Canada proposed introducing a new form of tax favoured account: the First Home Savings Account (FHSA). As the name suggests, this
