Work in Progress for Professionals Self-employed professionals who are accountants, dentists, lawyers (including a Quebec notary), medical doctors, veterinarians, or chiropractors have the ability to…

Buying Capital Assets In computing income from a business, capital cost allowance (CCA), or tax depreciation, is allowed as a deduction. When capital assets are…

Tax Matters for the Incorporated and Self-employed Self-Employed Status People who are self-employed can generally take advantage of a wider range of available…

The Canada Education Savings Grant The government of Canada adds to your savings in a Registered Education Savings Plan (RESP) with the Canadian Education Savings…

Retirement Tax Credits for Those Over 65 If you were 65 years of age or older on December 31, 2015, then you might…

First-Time Home Buyers’ Tax Credit If you acquire a qualifying home, you might qualify for a home buyers’ tax credit (HBTC), which…