Hey there, Ontario business owners! 🌟 Have you ever scratched your head about HST? Maybe you’ve heard the term in passing but aren’t quite sure what it means for your business. Fear not; we’re here to break it down for you. Let’s dive deep into the world of HST and see Read more…
The rise of platforms like Airbnb has revolutionized the way people travel and stay in different cities. Ontario, like many other provinces, has seen a surge in short-term rentals. But with this surge comes the need for regulation, especially in the realm of taxation. Let’s delve into Ontario’s stance on Read more…
Your Simple Guide to Tax Buckets (Brackets) in Ontario: Hey there! If you live in Ontario, you’ve probably heard about taxes. We all pay them but understanding them can be a bit tricky. Don’t worry! We’re here to break it down for you in a simple way. What’s the Deal Read more…
The New Canada Workers Benefit 2023: A Comprehensive Guide. The Canadian government is introducing the New Canada Workers Benefit (CWB) on July 28, 2023, to provide essential financial aid to low-income workers across the country. Eligible single workers and families can expect to receive quarterly payments, with amounts of up Read more…
October is small business month, and that means it’s time to celebrate the hardworking small businesses that make our communities so vibrant. From the corner bakery to the family-owned hardware store, small businesses play a vital role in our economy. And while big box stores may have deep pockets, small Read more…
In this week’s episode, Steve N Tyler talk about this awesome rebate available from mapleleavesforever.ca. They also chat about a beautiful construction detour they stumbled across while travelling North to the cottage. Covered with beautiful Maple trees, that are also tapped for delicious maple syrup we might add. A Barry Read more…
Some exciting news coming for seniors in Ontario. The Government is increasing the Old Age Security pension by 10% for seniors 75 and older as of July 2022. How great is that? The Old Age Security pension is a monthly payment that seniors get after you turn 65. It is Read more…
If you are a small business owner, you might be running your business from a personal bank account. You also might be asking yourself, “Should I use a business account or a personal account?” In this week’s YouTube video, we talk about the differences between the two and if/when you Read more…
Every year there is a basic personal amount, which is the amount of income you can make tax free. It increases over time to account for inflation. This year, there have been some changes regarding this amount. The amount is still increasing by about $1,000. However, this increase will not Read more…
We’ve talked about the benefits of filing your taxes early. Now let’s talk about filing taxes late and what happens in that situation… It’s not good! Filing taxes late results in major interest in penalties. The interest for filing late changes with the going interest rate. At the time of Read more…