Taxes

GST/HST credit

Gst/HST Credit: How it works

The GST/HST credit is a tax-free quarterly payment from the Canada Revenue Agency (CRA). It was designed to help offset the government sales tax and harmonized sales tax for low-income individuals and families. In addition,…

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OnlyFans Taxes for Canadians

OnlyFans Taxes for Canadians

Have you wondered how OnlyFans taxes for Canadians work? If you’ve joined OnlyFans as a performer and have started to earn an income, you’ll need to pay your fair share of income tax. To be clear,…

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RRSP Withdrawal Rules

RRSP Withdrawal Rules: What You Need To Know

If you’re saving for your retirement, the odds are that you’re using your Registered Retirement Savings Plan (RRSP). This is an excellent tool to save money, but eventually, you’ll need to withdraw your funds. Knowing…

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How to get an HST number

How to Get an HST Number in Canada

If you’re a freelancer, self-employed, sole proprietor, or a small business owner, you’ll likely one day wonder how to get an HST number? While some people freak out about the idea of having to collect and…

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freelance taxes for Canadians

Freelance Taxes for Canadians

Ever since I started my side hustle, freelance taxes has been a major concern for me. I say major because I absolutely hate taxes. Despite the fact that I have a decent understanding of income…

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How is Cryptocurrency Taxed in Canada?

**Note, I am not an accountant, nor am I an expert on cryptocurrencies. You should seek the advice of an accountant with experience in cryptocurrencies if you have any serious questions or concerns. Are you…

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TurboTax Canada Review 2022

TurboTax Canada Review: How to File Your Taxes

**This is a sponsored post written by me on behalf of TurboTax Canada. All opinions are my own. Tax time has come again after what has been another difficult year for many Canadians. Continued lockdowns…

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How to Register a Business in Canada

How to Register a Business in Canada

Starting a business sounds like a daunting ordeal. Especially when it comes to the paperwork of registering a business. However, you’ll be surprised to know that registering a business in Canada is not that hard.…

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What Do Property Taxes Pay For?

Tonight a new Mayor of Toronto will be named. The campaign has been long and I can’t wait for it to end and for the city to move forward from its troubled reputation. Many voters…

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Collecting CPP and OAS while Living Abroad

Collecting CPP and OAS While Living Abroad

Did you know that collecting CPP and OAS while living abroad is possible? With retirement comes a lot of freedom and for many Canadians, that means the opportunity to travel more. For some Canadians, it…

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