Are you frequently feeling stressed about money? Does the worry about paying bills on time, saving enough money for the future, or being able to afford a big purchase seem overwhelming? Have your past experiences with money caused you to feel fearful or anxious about your financial future?
You’re not alone. A 2020 poll showed that 77 percent of Americans were feeling anxious about their financial situation – which is …
It isn’t always easy to find the answers—and as you learn more about filing your taxes, you might even come up with new questions entirely. That’s why we’ve put together the top 10 tax tips for young professionals in Canada to help you understand exactly what you are up against. If you’re ready to start thinking about filing your taxes, start with the tips below to make the process as stress-free and as efficient as possible!
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If you’re starting to feel the pressure from tax season, don’t worry: we’ve got you covered. In the sections below, we’ll cover the best tips on how to prepare for tax season 2021 to help you make it through these next couple of months (without tearing your hair out in the process).
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[Updated for 2021]
It always hurts when you save money by budgeting and end up losing a chunk in taxes. As a Canadian, you should claim as many tax deductions as possible. Hopefully, this would include some credits too.
In this article, we’ll dispel common misunderstandings, combat misinformation, and explain ways to write off some off your current expenses. Please note these are just tips and you should talk to …