Shaelene’s Tax Tip of the Week – May 19th

Books In Line

Shaelene’s Tax Tip of the Week – May 19th

Are you or do you know a student?Remember: the T2202A, the credits received from the eligible tuition and education amounts, last indefinitely. They can always be carried forward to the next tax term if you don’t feel the need to use them. The student will find the prepared T2202A on the school website.

Have questions? Give us a call at 905-571-2665 (BOOK)!
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Shaelene’s Tax Tip of the Week – May 12th

Books In Line
Why should you consider buying into an RRSP (Registered Retirement Savings Plan)?

 It is a great way to save on taxes! Remember, this program is a tax deferral program, meaning that when you withdraw the funds at a later date, it is expected that you will be in a lower tax bracket. Once your money is in the plan it can grow and grow (thank you compound interest!) and again, you will only pay tax on the funds as you withdraw them. 

Have questions? Give us a call at 905-571-2665 (BOOK)!
We’ve got you covered!

Shaelene’s Tax Tip of the Week – April 21st

Have you made any mistakes on any of your tax returns?

Fear not! Amending these mistakes does not increase your chance of being audited, nor does it mean you have done something illegal. You can always fix these honest mistakes and the CRA would rather you do it instead of having to spend the time figuring it out. 

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

We’ve got you covered!