Sharon's Corner

Registered Retirement Savings Plans

Registered Retirement Savings Plans

January 15, 2018

Make your 2017 RRSP contribution before March 1, 2018. The 2017 RRSP contribution limit is 18% of your 2016 earned income to a maximum of $26,...

Charitable Donations Tax Tips

Charitable Donations Tax Tips

January 03, 2018

There is an expression that says, “charity begins at home” and while that is intended to suggest that one’s first concern should be one’s own ...

Independent Contractor Vs Employee

Independent Contractor Vs Employee

December 14, 2017

While the person you work for can always be referred to as your employer, do you know what your relationship to them is? Are you an employee? ...

Tax Time: What Records Should You Keep?

Tax Time: What Records Should You Keep?

November 29, 2017

When it comes to keeping records for personal tax purposes, people can range from one extreme to another. Some will obsessively keep track of ...

Why Barter Transactions Are Taxable

Why Barter Transactions Are Taxable

November 14, 2017

The word barter conjures up images of days gone by, where I might offer you a number of my chickens in exchange for one of your pigs. Or maybe...

Why Your Business Needs a Professional Accountant

Why Your Business Needs a Professional Accountant

October 25, 2017

Are you a number-crunching type of person? While there are definitely people who like– even love– playing with numbers, facts and figures, the...