Shaelene’s Tax Tip of the Week – August 7

Are you or do you know a student?

Did you know the credits received from the eligible tuition and education amounts called the T2202A, last indefinitely? They can always be carried forward to the next tax term if you don’t feel the need to use them.

Have questions? Give us a call at 905-571-2665.

Shaelene’s Tax Tip of the Week – July 31

Did you know?

If you plan on selling an asset at a profit, consider spreading that sale out over several years.  You can spread a capital gains tax up to 5 years, as long as your payment plan persists for 5 years.

Have questions? Give us a call at 905-571-2665.