For small-business owners, tax ... deductible expenses include market and product research, advertisements related to the business’ opening, employee training, travel related to securing clients ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

Driving to meet vendors, make pickups and woo clients ... access to entertainment facilities. What else you can do: Charitable donations may be deductible on your personal income tax return.

You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take: American Opportunity Tax Credit: If no one else claims you as a ...

The process isn’t all bad, though. For example, there are certain tax breaks and deductions that are afforded to small business owners and self-employed individuals that regular employees don ...

If your client rents a residential property for short periods, they must comply with provincial or municipal laws or else the CRA will deny them expense deductions. In 2023’s fall economic statement, ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...

However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The home office deduction allows eligible taxpayers to reduce their tax ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...