June 26, 2017

In 1961, families shelled out a third of their income on taxes and just over half on basic necessities. Today we pay just under half on taxes and a third on those necessities.

VANCOUVER — The Fraser Institute calculates that the average Canadian family paid $34,154 in taxes of all sort last year, including “hidden” business taxes that are passed along in...

April 27, 2017

The world is changing...

When was the last time you watched a commercial on television? If you are like many of us, you won't be able to remember the last time you actually watched a commercial you didn't skip or fast forward unless you were interested in it.  Our attention spans have changed and the way products are being marketed to consumers has also ch...

March 17, 2017

Trying to increase your income? Let's look at a case study that examines common expenses and taxes paid as an employee vs. reducing taxes with a home-based business.

If You Don't Have a Home-Based Business, Start One Today! - 4/17/2001

by Sanford Botkin

The last decade may have been a decade of tremendous corporate profits and economic growth, but for the va...

January 7, 2017

Recession Proof

The network marketing or direct selling industry is being seen as the ultimate social business model. Why is now the prime time to be in network marketing? Because it is recession proof and continues to thrive offering the unemployed or those looking for extra streams of income an easy, low-risk way to be in business for themselves. It al...

November 28, 2015

Good Recordkeeping

  • CRA only accepts original receipts, therefore, keep all online email receipts in a folder on your computer or stored data files for 7 years.

  • Buy everything on debit or credit card to keep a record. Record expenses from bank and CC every month.

  • If you receive payments or pay in cash, you do not have to record this.  $20,000...

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