If you earn income through dividends, capital gains, or use strategic tax deductions, the updated rules for the alternative minimum tax in Canada could impact

Many Canadians don’t realize just how many medical expenses they can claim on their taxes. From prescriptions to elder care, claiming eligible medical expenses could

If you’re claiming car expenses in Canada, you need to track your kilometres properly to ensure your deduction is accurate. Whether you’re self-employed, charging your

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