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What you need to know if you’re behind on your taxes

March 2017

What you need to know if you’re behind on your taxes

Are you behind on your taxes? Taxes are like Christmas. Each year the filing date is the exact same – April 30th. The anticipation builds, albeit negative, but it’s not like tax season is a surprise. The biggest reason I see people skip filing is…

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Thinking of paying off your HBP early? Think again.

Let’s face it. Most first-time home buyers need a serious financial boost for their downpayment so many turn to the Home Buyer Plan (HBP). With the HBP you and your partner can borrow up to $25,000 each, tax-free from your RRSP. You’ll have 15 years to repay…

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How to Make the Most of Your Tax Refund

Taxes for the 2016 tax year are due April 30, 2017 at midnight. So, if you haven’t filed yet, get on it! According to Canada Revenue Agency (CRA), the average tax refund in Canada is approximately $1,600 and a total of $127 billion is collected…

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What’s Missing From Your Tax Package

Even accountants loath tax season. So, it’s not a wonder why the rest of us cringe at the silly little stack of tax forms piling high on our kitchen counters. Get organized Rather than use the forms as a coaster for your coffee mug, gather them…

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