Getting Ready for 2020

Getting Ready for 2020

On your to-do list for 2019 Have you taken advantage of the Home Buyer’s Plan in the past 15 years? If you’ve used the Home Buyer’s Plan in the past – (borrowing from your RRSPs to buy a house), make sure you’ve made the appropriate RRSP contribution before March 2,...
Common Things CRA Questions

Common Things CRA Questions

Medical Expenses You can’t claim medical expenses unless it’s 3% or more of your income, which is considered significant medical expenses. What we find it’s very rare people sneak over the 3% threshold. By the time you’re paying out of pocket $2,000, you’re...
A New Year Begins!

A New Year Begins!

Ah, January. The start of a new year. For some people it means making resolutions, for accountants it means being mindful of the new tax regulations that come into play. This year, there are four major changes brought in by the federal government, two of which will...