https://liveyourbiglife.ca/wp-content/uploads/2023/04/Tax-tips-2022.png 250 500 Live Your Big Life https://liveyourbiglife.ca/wp-content/uploads/2020/07/websiteLogo2-300x81.jpg Live Your Big Life2023-04-03 12:08:312023-04-03 12:27:29Tax Tips You Need To Know Before Filing Your 2022 Taxes
It’ll be time to file your 2022 taxes soon, and you must take advantage of every tax credit and deduction you can! Our article covers the following: • Canada Workers Benefit. • Claiming home office expenses. • The tax deduction for zero-emissions vehicles. • Return Of Fuel Charge Proceeds To Farmers Tax Credit. • Eligible Educator School Supply Tax Credit.
https://liveyourbiglife.ca/wp-content/uploads/2020/12/Highlights-of-the-2020-Federal-Fall-Economic-Statement@1000px.png 563 1000 Live Your Big Life https://liveyourbiglife.ca/wp-content/uploads/2020/07/websiteLogo2-300x81.jpg Live Your Big Life2020-12-07 15:42:082020-12-07 17:12:58Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now
Finance Minister Chrystia Freeland recently provided the government's fall economic update. It included information on the government's strategy for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We've summarized the highlights for you: • Corporate Tax Changes, including extensions to subsidy programs. • Personal Tax Changes, including additional Canada Child Benefit Plan payments and a new "Work from home" tax credit. • Indirect Tax Changes, including the proposal to charge GST/HST on services provided via digital platforms, as well as the temporary removal of GST/HST on face masks and shields. For business owners, as of December 4th, the CEBA loan has been expanded by an additional $20,000.
https://liveyourbiglife.ca/wp-content/uploads/2020/12/Personalemail@example.com 563 1000 Live Your Big Life https://liveyourbiglife.ca/wp-content/uploads/2020/07/websiteLogo2-300x81.jpg Live Your Big Life2020-12-02 14:07:542020-12-02 15:27:56Personal Tax Planning Tips – End of 2020 Tax Year
To help our clients, we’ve put together a comprehensive article filled with great tips on how to get ready for 2020 tax season. Here’s a summary of our personal tax tips article: • Details about the different COVID-19 benefits programs and the tax ramifications of them • Information about family tax issues including the Canada Child Benefits and tips on how to split income. • Managing investments. Details about contributing to various savings plans such as a TFSA, RESP, or RDSP. Also tips on how and when to donate to charity and how to time the purchase or sale of investments. • Retirement planning. How to make the most of your RRSP, things to know if you’ve turned 71, and tips on RRIF conversion.