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Check out our Tax Tips with The Mad Accountant
TTT: Don’t Over Deduct Taxes!
What are you "writing off" with your small business? Are you looking at every possible expense you could and saying it's for your business? Well, be careful. The CRA does pay attention to these things, and they do not take kindly to it when they catch people deducting things they shouldn't. If you get caught, it can be very expensive!
TTT: Mortgage Market Shifts
High interest rates are really starting to catch up with the Canadian housing market. By now, even those who were lucky enough to renew right before all the rate hikes have gotten caught up in it. So, what can you do?
TTT: True or False – Common Myths
How well do you know your tax rules? Are you up-to-date on all of them? The CRA changes their rules often, and that thing your uncle told you about to save some cash might not work anymore, or may have been wrong from the very beginning.