by adminaccountantcpa | Oct 7, 2019 | Medical Professionals
It’s common for physicians to employ their family members (kids or spouse) in their practice. The main benefit of this approach is the tax savings because the children or the spouse are taxed at a lower rate as compared to the doctor. Keep in mind that the amounts...
by adminaccountantcpa | Oct 1, 2019 | Tax Deductions
Gifts-In-Kind are a non-monetary donation to a charity. These can also be tax deductible provided you keep a few things in mind. 1. The Most Important Condition Make sure that the charity of your choice is recognized by the Canada Revenue Agency (CRA) as a registered...
