2022 Ontario Budget Highlights

2022 Ontario Budget Highlights

On April 29, 2022, Ontario’s Minister of Finance delivered the province’s 2022 budget, based on five different pillars.  No Changes To Corporate or Personal Tax Rates Budget 2022 did not introduce changes to Ontario’s corporate or personal tax...
2022 Federal Budget Highlights

2022 Federal Budget Highlights

Federal Budget 2022 – HighlightsOn April 7, 2022, the Federal Government released their 2022 budget. We have broken down the highlights of the financial measures in this budget into the following different sections:HousingAlternative minimum taxDental careSmall...
2021 Income Tax Year Tips

2021 Income Tax Year Tips

Tax Tips You Need To Know Before Filing Your 2021 TaxesThis year’s tax deadline is April 30, 2022. We’ve got a list of tips to help you save on your taxes!Claiming home office expensesYou can claim up to $500 under the “flat rate” method if you worked at home due to...
Charitable Giving

Charitable Giving

Why do individuals give to charity: ● Leave a legacy ● Essential to organizations ● Meaningful tax relief for contributors There are many ways to give and lots of potential tax savings: 1. Simple Cash Gifts – Charitable tax credit 2. Gifts in Kind –...