Shaelene’s Tax Tip of the Week – July 27th 💸

Books In Line

Do you plan on selling your principal residence?

As long as it has been your principal residence for every year that you have owned the property, you will not have to pay any tax on any gain from the sale. If it was not your principal residence at any time you have owned the property, or only part of the property is considered your principal residence, you will have to pay part of the tax on the capital gain corresponding to the years it wasn’t or the square feet that wasn’t included as part of the principal residence.

Have questions?

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

Shaelene’s Tax Tip of the Week – July 13th

Books In Line

Don’t let an audit get you down!

If you’ve been working with an accountant and bookkeeper as well as following best practices, you will be prepared for an audit. You’ll have the records and the people you need by your side. This won’t take away all the stress, but it will certainly lower it.

Interested in learning more about how we can help you?

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

We’ve got you covered!