Stay up to date with the important tax changes for 2023 in Canada. We'll look at RRSP limit updates, TFSA limit increases, the new FHSA and a lot more.
We are asked a lot to file tax returns for self-employed people (contractors, solopreneurs, etc.). While we definitely do this, I like to make sure you know what you would be paying us for.
I began to enter all of the amounts into a spreadsheet to calculate the total and enter the amount into their tax return. An hour later, I came up with a total of just over $300 which I knew was not even close to enough to claim. That hour was not particularly well spent.