by Bernadette Mitchell | May 14, 2024 | Tax Tips
I have compiled the following based on many years of experience with families, physicians & CRA. In recent years it has become apparent that many individuals are paying more income taxes than they need to, being unaware of or misunderstanding what exactly the...
by Brenda Anderson | Feb 23, 2024 | Tax Tips
Let’s Start with the very basics: A tax deduction is any reasonable current business expense you paid or will pay to earn income that the Canada Revenue Agency (CRA) lets you subtract from your total taxable income, reducing the amount of income tax you pay. If...
