"Can I claim home office expenses on my taxes?" is one of the most common questions I get. "It depends" is the most common answer I give. Read on to find out what it depends on!
In the middle of spring cleaning your basement, you find your tax returns from the 90s, next to your Pogs and Walkman (with anti-skip protection of course). Can you shred them?
If you are one of the thousands of Canadians that flock south to Florida for the winter, you may be surprised to find out that the Internal Revenue Service (IRS) might consider you a U.S. citizen for tax purposes if you spend enough time there.
Whether it's your side gig or full-time passion, keeping track of your business and its financial records is essential. Love it or hate it, the bookkeeping has to be done. Here are my top tips for getting it done as simply and quickly as possible.
Just like home renovations and car repairs, DIY is not always the best choice when it comes to taxes. There are many situations where hiring a professional will save you both time and money. Check out all of the benefits in this blog.
There are two common situations where contributing to a Tax Free Savings Account (TFSA) for long-term retirement savings makes more sense than a Registered Retirement Savings Plan (RRSP). Here are the details.