Canada is in tax season again, and you are probably worried about filing your 2021 T1 personal taxes. Fix My Books has listed out some of most common deductions and credits that people miss when filing.

Alone, these deductions and credits may not add up to much, but if you have several they can make a big difference to your year end tax bill.

In this video Arielle from Fix My Books will be giving you an overview of how to claim home office expenses as an employee using a T2200s and T777s.

This will cover topics such as Eligibility, what forms to file with the CRA, what forms your employer needs to fill out as well as what you can and cannot claim on your T1 Tax Return.

It can be a stressful time for most small business owners and it’s easy to let business deductions slip through the cracks, so here’s a cheat sheet for small business deductions.

What is the differences between TFSA’s and RRSP’s?

Here are some of the basic differences below.