by Matthew PollockUnderstanding the T1 General
The T1 General form, often simply referred to as the “T1,” is the cornerstone of the Canadian income tax system. It’s the document every...
by Matthew PollockWhy Every High-Income Earner Should Have a Tax Lawyer
As your income increases, so does the complexity of your tax situation. High-income earners face unique tax challenges that require careful planning a...
by Matthew PollockTaxes for Freelancers: A Guide for Independent Workers
Freelancing offers flexibility, independence, and the potential for lucrative income, but it also comes with the responsibility of managing your own t...
by Matthew PollockForm T2125 (Statement of Business or Professional Activities)
If you’re self-employed or earn income from a business or professional activity in Canada, you’ll need to complete Form T2125, also known as the S...
by Matthew PollockFailing to Report Income: What You Need to Know
Failing to report income is one of the most common tax mistakes made by Canadians, and it can lead to serious consequences with the Canada Revenue Age...
by Matthew PollockBusiness Expense Examples: A Guide for Canadian Entrepreneurs
Understanding what qualifies as a business expense is crucial for Canadian entrepreneurs looking to maximize their tax deductions and reduce their ove...
by Matthew PollockUnderstanding Tax Exemptions
Tax exemptions are crucial for reducing your taxable income and, in turn, your overall tax liability. For Canadian taxpayers, understanding what quali...
by Matthew PollockForeign Assets: Reporting Requirements and Tax Implications
As globalization increases and more Canadians invest in assets outside the country, understanding the tax implications and reporting requirements for ...
by Matthew PollockTax Deductions and Credits for Ontario Businesses Using Electric Vehicles (EV)
As businesses in Ontario strive to modernize their operations and reduce their carbon footprint, the adoption of electric vehicles (EVs) has become in...
by Matthew Pollock