RRSP Contribution Rules and Strategies Simplified: Limits and Tax Tips for Canadians
Imagine this: Sarah, a 30‑year‑old graphic designer in Toronto, earned $70,000 in 2024. She wants to save for retirement but also…
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Lease vs Finance a Vehicle in Canada: Pros, Cons and Tax Insights
When a small business or professional corporation in Canada considers acquiring a vehicle, the question arises: Should you lease or finance…
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How to Fill in TD1 and TD1 ON Forms in Ontario Canada in 2025
Whether you’re starting a new job, taking a second job, or your family situation has changed, you’ll be asked to complete…
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Regular vs Quick Method of GST/HST Accounting and Reporting for Small Businesses in Canada
Picking the right GST/HST accounting and reporting period is one of the fastest ways a Canadian small business can improve cash…
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RRSP Excess Contribution: The Complete Guide. What It Is, Penalties, and How to Fix It Fast
An RRSP excess contribution can sneak up on even the most diligent saver—especially if you contribute at multiple institutions, use a…
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15 Major Deductions You Can Claim from Rental Income in Canada
If you earn rental income in Canada, understanding what you can deduct—and how to document it—can meaningfully lower your tax bill….
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Tax Write-Offs Available for Self-Employed Individuals in Canada
If you’re a self-employed professional, contractor, consultant, creator, or gig-economy worker in Toronto, Scarborough, Markham, Mississauga, Brampton, Vaughan, Richmond Hill, North…
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Guide to Setting Up Proper Business Structure for Canadian Small Businesses
Your business structure is more than a registration form—it defines how you’re protected, how you’re taxed, how you raise money, and…
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17 Common CRA Audit and Review Triggers: Tips for Small Businesses in Canada
If you operate in Toronto, Scarborough, Markham, Mississauga, Brampton, Vaughan, Richmond Hill, North York, Pickering, Ajax, Whitby, Oshawa, Oakville, Burlington, or…
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15 Major Challenges Small Business Owners Face in Canada: Practical Solutions and Useful Tools Provided
Canadian small businesses—from Toronto and Scarborough to Markham, Mississauga, Brampton, Vaughan, Richmond Hill, North York, Pickering, Ajax, Whitby, Oshawa, Oakville, Burlington,…
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