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

Did you know?

If you are a sole proprietor and claiming a home office and you own your home, you will receive your annual mortgage statement in January or February. Be sure to keep this document, as you can claim a portion of the interest paid on your mortgage.

Contact Books In Line at 905-571-2665 and we can help assist you with your taxes.  
Have questions? Give us a call at 905-571-2665 (BOOK)!

Shaelene’s Tax Tip of the Week – January 6th

Did you know?

In 2021, CPP contributions will increase to 5.45% from 5.25% for employers and employees, and self-employed individuals will increase from 10.5% to 10.9%. The goal is to have one-third of your average salary available upon retirement each year, whereas before it was one quarter.
Have questions? Give us a call at 905-571-2665 (BOOK)!