Personal Tax

In this article, you’ll learn how your money is taxed, and the types of income and deductions that allow you to reduce that tax.

RRSPs Explained - we take you through the important information you need to know about Registered Retirement Savings Plans.

In this article we break down the important tax changes for 2023 that Canadians need to know. We'll look at RRSP limit updates, TFSA limit increases, the new FHSA and a lot more.

In this article we look at how TFSAs and RRSPs work and the differences between the two. We also explain when it might be better to choose one account type over the other.

This article will list the personal tax brackets in Canada for 2022. It will also explain how the marginal tax rate system works in Canada for individuals and how you can easily estimate your personal taxes.

I began to enter all of the amounts into a spreadsheet to calculate the total and enter the amount into their tax return. An hour later, I came up with a total of just over $300 which I knew was not even close to enough to claim. That hour was not particularly well spent.

We are asked a lot to file tax returns for self-employed people (contractors, solopreneurs, etc.). While we definitely do this, I like to make sure you know what you would be paying us for.

Let’s try and eliminate those excuses so that you can prepare and file your own personal tax return easily, accurately, and inexpensively. This post will walk you through that process, so collect your tax documents and let’s get to it!