New for 2023The personal income levels used to calculate your Ontario tax have changed.The amounts for most provincial non-refundable tax credits have changed.The Ontario seniors' home safety tax credit is no longer available for 2023 and later tax years.The Ontario jobs training tax credit is no longer available for 2023 and later tax years.The Ontario...
April is just around the corner, and for many people, that means it's time to start thinking about filing their personal income tax return. Filing your tax return can seem like a daunting task, especially if you're new to the process or if your financial situation has changed since last...
RRSP, or Registered Retirement Savings Plan, is a popular savings vehicle for Canadians looking to secure their financial future. In this blog, we'll explore what an RRSP is, how it works, and why it's an important tool for Canadians to invest in. Should I invest in RRSP? What is an RRSP: An...
As tax season approaches, it can prove to be a complex task, particularly considering the recent modifications instituted by the Canada Revenue Agency. To alleviate the burden, we have put together a comprehensive list of 9 noteworthy updates and tax credits that individuals should be cognizant of prior to submitting...
In this blog post, we'll explore the top benefits of working with a professional tax service firm. Filing taxes can be a daunting and confusing process, but working with a professional tax service firm can make the experience much smoother and more beneficial. From expert advice to increased tax savings, there are...
