Claiming employment expenses in Canada can be a valuable tax-saving opportunity, but there are strict rules around what’s allowed. In this video, I explain which
When it comes to claiming automobile expenses personally vs corporately, many real estate investors, medical professionals, and business owners assume there’s a clear-cut best choice.
For my medical professional clients, and for real estate clients such as realtors, you likely pay annual dues to maintain your licensing and certifications (in
When it comes to tax deductions, one of the most commonly overlooked is deducting interest expenses. I see this missed in both my real estate
I often get questions about how to maximize childcare expenses tax deductions. Childcare costs can be a major expense, so it’s good news that many
If you’ve paid for certification, licensing, or professional exams, you might be eligible for a tax credit for exam fees—but many professionals miss out. Whether
The CRA recently announced a 2025 tax deadline extension for personal and family trust returns impacted by capital gains changes. If you qualify, you may
When my clients ask about tax deductions, political donations usually aren’t top of mind—but given the current state of politics, this is more of a
Claiming kilometres driven for business purposes can be a great way to reduce your taxable income—but only if you do it correctly. The Canada Revenue
As a real estate investor, especially if you are also in the trades, or a medical professional, you likely spend a fair amount on professional
It may seem like table stakes to ensure any business – real estate, healthcare, or so many others – need to have proper bookkeeping nad
Recently I was asked (it’s actually a common question) “why should I buy real estate if I’m already in a high tax bracket?” Not to
Over many years of speaking with real estate investors, both new to the business and those who have been investing for many years, the number
One of my clients asked me a question I think many who aren’t tax experts may think is logical: “I make $150K per year, and
Real estate investors often ask if they can claim tax deductions for sweat equity. In other words, does that work you put in organizing clean
