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From Uber to Airbnb: Navigating Taxes in the Sharing Economy
Thanks to the advent of ride-sharing and home-sharing platforms such as Airbnb, Uber and Lyft, the way many Canadians earn their income has rapidly evolved. With so many new income streams for Canadians, when it comes to your taxes, do the same rules apply?Our tax...
Does the Government Owe You Money?
How to determine what you’re getting back or what you’re paying. Let’s face it, tax season means different things to different people but the question on most taxpayers’ minds is how much money am I getting back—or how much will...
Small Business Owner? Here’s What You Need to Know Before You File
The end of personal tax season heralds the beginning of business tax season. Before the beginning of this year’s business tax season, many owners and shareholders may have remarked upon recent rule changes, made by the federal government, which will affect the way...
Renting vs buying a home? Here’s what you need to know
Buying a home is by far the most important financial decision you will make in your life. Let’s have a look at some of the factors to consider before taking this major step. To buy or continue renting? Each mortgage payment you make buys you more equity in your home....
Taxes and Everyday Expenses
Taxes and everyday expenses Through the course of our everyday lives, we pay for goods and services that are necessary. What kinds of taxes are charged on these goods and services? Are there exemptions? Let’s find out! What taxes are charged on everyday expenses? Some...