Practical tax guidance, clearly explained.
Local stories. Useful answers for your taxes, your work and everyday life.
From our notebooksEveryday tax & money
Working for yourself 2 min
A US-dollar invoice needs more than a dollar sign
Keep the invoice currency, conversion date, rate source, payment and fees visible. A worked example explains why the net deposit can be misleading.
Read the guide
Working for yourself 2 min
Paying yourself from a sole proprietorship
A personal transfer changes the cash available, not the profit calculation. Keep owner withdrawals separate from employee payroll and business costs.
Read the guide
Homes & rentals 2 min
Last month's rent is not a damage fund
Identify what a deposit is for, track its application and keep it separate from ordinary monthly rent in the ledger.
Read the guideMore to explore
132 articles · 1 / 22
Saving & retirement 2 min
The dishwasher was fixed. My December transfer could wait.
Étienne has the money to replace a TFSA withdrawal, but the calendar matters as much as the bank balance. A simple same-year contribution example.
Read the story
Filing & corrections 3 min
Disagreeing with a Quebec assessment: protect the deadline
Distinguish a correction from an objection, calculate the filing deadline and prepare the facts and documents behind your disagreement.
Read the guide
Working for yourself 2 min
The new machine and the box of staples
A sewing machine and a box of staples arrive on the same invoice. Camille learns why they need different questions before a deduction is calculated.
Read the story