Shaelene’s Tax Tip of the Week – October 23rd

Books In Line

Did you know?

If you are a first-time homebuyer or planning to purchase a home, consider using the Home Buyers’ Plan (HBP). This federal program allows you to withdraw up to $35,000 from your RRSP tax-free to help with your down payment, as long as you repay it over 15 years.

Have questions? Give us a call at 905-571-2665 (BOOK)!

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Shaelene’s Tax Tip of the Week – October 16th

Did you know?

If you’ve taken out a home equity line of credit (HELOC) for business purposes or to invest, the interest on that loan may be tax-deductible. Be sure to track the use of funds to claim the appropriate deductions.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Shaelene’s Tax Tip of the Week – October 9th

Books In Line

Did you know?

If you rent in Ontario, you might qualify for the Ontario Energy and Property Tax Credit, which helps offset property taxes and energy costs. Be sure to keep records of rent paid throughout the year.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!