by OBS | Nov 15, 2023 | Tax planning, Taxes
As the year winds down, it’s the perfect time to turn our attention to year-end tax planning. November and December provide a window of opportunity to make strategic financial moves that can positively impact your tax return. Here’s a quick guide for...
by OBS | Mar 21, 2022 | Taxes
We know how overwhelming tax season can be for most Canadians, it happens to be our busiest time of year as well! It can certainly feel hectic, so to help you, we’ve compiled 25 useful tax tips that will allow you to tick every box off and prepare yourself for filing...
by OBS | Jan 27, 2022 | Financial Info, Taxes
In 2021, if your income is more than $38,000, be prepared to pay the Tax Man!! As in many cases, throughout Canada, people have struggled during the COVID 19 pandemic. Sudden closures, curfews, and lockdowns affected non-essential businesses, and population...
by OBS | Oct 25, 2021 | Financial Info, Taxes
How Climate Action Incentive payments will be calculated: A Manitoba family of four will receive $339 in 2019 Under the proposed approach, individuals in Manitoba will receive a tax-free Climate Action Incentive payment after filing their 2018 tax return,...
by OBS | Oct 25, 2021 | Financial Info, Investments, Taxes
Did you know RRSP’s need to be reported in the first 60 days in order to avoid a Tax Bill? Attention all RRSP-er’s! CRA will Adjust your Tax Return for failure to report your first 60 days of RRSP Contributions correctly....
by OBS | Oct 25, 2021 | Financial Info, Taxes
I paid for my childs education, why can’t I claim it? The rules surrounding tuition are complex at best. While the government allows for transfers of tuition to parents, grandparents and spouses. They have rules on when and how much can be transferred. In...
