What is a Tax Credit?A tax credit is an amount of money that will be returned to you based on the selected credit.A tax deduction reduces taxes payable. A tax credit is money in your pocket.For exampl...
What is a Tax Deduction?
When financial planning - taxes become a very important piece of the puzzle in many different times in our lives. It is often best to start with the basics before we can go in to strategizing. This wa...
Taxes 101 - What is a Tax Credit?
Last time we talked about tax deductions. The next important piece to understand is tax credits. There is a couple more moving parts to a tax credit, but it is still simple to understand.What is a Tax...
Health Spending Account - Why havent we heard of this?
There is a secret savings account out there Canadians, that few people will ever tell you about its called a Health Spending Account.I want to take a brief moment to explain what it is, and you...