Claiming children on taxes
Have you been separated or divorced with multiple children and aren't sure how to claim them on your taxes? Watch this video to find out.As usual, if you prefer reading,…
Have you been separated or divorced with multiple children and aren't sure how to claim them on your taxes? Watch this video to find out.As usual, if you prefer reading,…
Are you into crypto? Did you invest in cryptocurrencies or are trading crypto? And have you thought about crypto tax? Check out this video to find out what tax consequences…
We are entering the busiest season of the year for accountants as we move deeper into 2022. RRSP deadline is approaching fast and many people ask how much to contribute…
There are various types of benefits that an employer can provide to their employees. Depending on the nature of the benefit, it will either be taxable or non-taxable to the…
Are you selling online? Whether you're trying to set up an e-commerce business on your own platform or you're using an existing outlet such as Amazon or Walmart, you will…
Declaring bankruptcy is not the only way to shut down your business. Learn more about closing down a business in Canada in this video. If you prefer reading, you can…
Are you thinking of real estate investing? Is it better to buy a property as an individual or do it through a corporation? Learn more about real estate investing and…
Do you have a favorite charity or cause that you support or planning on to? In Canada, you can receive as much as 53% back through charity tax deductions. Wondering…
We've just passed the mid-year mark which makes it the perfect time to review where we are in terms of our budget, taxes, and business in general. You may be…
Canada Revenue Agency (CRA) is the revenue service of the Government of Canada and is perceived as an ultimate authority. That doesn't mean that they are always right though. If…
Watch this video with Irfanali's perspective on the post-Covid economy, the dangers of inflation, its impact on business, and changes coming up in the accounting industry. If you prefer reading,…
U.S. taxation is a common topic that comes up often in conversation with our clients.Watch the video with a couple of Irfanali's recommendations or if you prefer reading, follow the…
Christan Hiscock from Kardia Financial Group and Irfanali Moledina from RMI Professional Corporation got together to talk about why is accounting so important in business, about entrepreneurship, proper tracking of…
The personal income tax deadline in Canada is fast approaching and we would like to share some information about CERB and CRB benefits for individuals and on CEBA support for…
With the tax season fully on we have asked our own Irfanali Moledina, the Managing Partner of RMI Professional Corporation, to share some tips on how to save money on…