Tag Archives: tax information

Deductible Dental Expenses

Did you know that most non-cosmetic dental expenses are tax deductible? Read on to find out what you can claim on your tax return. To do this you will use the Medical Expense Tax Credit (METC) and this will allow you to reduce the tax that you have to pay or have already paid. You…
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Brief Guide to RRSP for the 2019 Tax Season

Getting right into it. What is an RRSP? A Registered Retirement Saving Plan (RRSP) is a government sanctioned investment plan designed to help a taxpayer save for retirement by making contributions that are tax deductible. This means that you can contribute to an RRSP and claim the deduction from the income in the year of…
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