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Check out our Tax Tips with The Mad Accountant
TTT: How to Avoid CCB Clawbacks
Canada Child Benefit (CCB) is the topic of much discussion these days. It has been increased by over 6%, but has had some of the thresholds changed. Similarly, there have been some reports of overpayment that the CRA is coming back for.
TTT: 2023 Provincial and Federal Taxes
Do you own a business that sells products or services to customers in other provinces? Did you know that you most likely have to pay taxes there, too? Make sure you don't get caught out this tax season with a bunch of money owing to other provinces.
TTT: Protect Yourself From Mortgage Changes!
Interest rates are high and they just keep getting higher. There are rumours that it might start to decrease in a couple of years, but most peoples' mortgages are going to renew before that! Be prepared. Start working now to make sure you have the room in your budget for an extra few hundred dollars a month.