Day

March 3, 2016

Deducting Interest

//
Posted By
/
Comment1
/
Categories
Deducting Interest: When Can it be Done? In Canada, interest expense on money borrowed to produce income from a business, investments or property is deductible against all sources of income. However, interest paid on money borrowed for personal consumption, home...
Read More →

Income Splitting

//
Posted By
/
Comment1
/
Categories
Income Splitting: 10 Ways to Reduce Your Taxes Canada has a progressive tax system. This means that as your income grows your pay a larger share to governments. Income spitting is one way that you can reduce your total family...
Read More →

Self-Employed

//
Posted By
/
Comment1
/
Categories
Self-Employed? 10 Ways to Reduce Your Taxes More and more people have their own businesses these days. Everyone has heard that self-employed or those people that run their own business pay less in tax. But how do they do it?...
Read More →