Canadian PSA: If you’re an employee who worked from home, you can claim a home office credit
Don’t forget to get your money (max: $400) for home office expenses if you’re an employee who worked from home for more than 50% of the year, for at least FOUR CONSECUT
Canada Basic 101: Tax-Free Savings Account (TFSA) for Canadian Investors and Savers
Today, we are reviewing the Tax-Free Savings Account (TFSA) which is very terribly named because you should ABSOLUTELY not use it for savings, but for INVESTING. Who can contribute
Canada Basic 101: Registered Retirement Savings Plan (RRSP) for Canadian Investors and Savers
Today, we are reviewing the Registered Retirement Savings Plan (RRSP) which is very terribly named because you should ABSOLUTELY not use it for savings, but for INVESTING. Who can
Want an extra million just from tax savings alone?
(That’s the sexy headline.) Let’s look at $60K from a salary versus $60k from eligible dividends (Corporate dividends) Salary Eligible Dividends Income $60,000.00 $60,0
How to make almost an extra $500K over your lifetime: Comparison of dividends versus salary & capital gains
Dividends (depending on your province) are a great way to make an income and pay barely anything in taxes. If you’re tax efficient, $30,000 in income is NOT EQUAL across the
Tax Efficiency Strategy: What I plan on doing as a long-term plan to minimize taxes
I’ve been interested as of late, in tax-efficiency strategies because I don’t talk about them often, but I do practice them. I realized (from comments and questions) th
Why I invest in dividends as an investing strategy
Dividend-paying stocks are definitely not a passive investing strategy. You need to research into each stock, monitor the portfolio, keep on top of the news and trim where needed.
In the world of Save. Spend. Splurge.: Celebrities who save most or all of their salary
You hear so much about celebrities wasting all of their money or not taking care of it like Rihanna, or worse, not paying their taxes like Lauryn Hill but these two guys came up on
Ask Sherry: Where did I learn how to do my individual and corporate taxes?
You asked, and I am answering every Friday once I have enough questions! You can ask any question using the form here. Does your tax knowledge comes from your University degree or
Ask Sherry: What do I do to make so much money?
You asked, and I am answering every Friday once I have enough questions! You can ask any question using the form here. I just bumped into your blog. What do you do for a living tha