| 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! |
| Did you know? The RRSP contribution limit for 2021 will increase to $27,830 from the previous limit of $27,230. No need to worry if you don’t have the cash to meet that limit up front. It carries forward until you turn 71, when the RRSP must be used. |
| Have questions? Give us a call at 905-571-2665 (BOOK)! |
| Did you know? Interest on funds you have borrowed for personal purposes are not deductible, but it is possible that available cash you have used to repay loans for investment purposes may qualify. |
| Have questions? Give us a call at 905-571-2665 (BOOK)! |
