Individuals – LEPROC ACCOUNTING

LEPROC
August 26, 2023
Individuals

Understanding the Tax-Free Savings Account (TFSA)

The Tax-Free Savings Account (TFSA) stands as a distinctive financial instrument that entered the Canadian financial landscape in 2009, initiated by the Government of Canada1. Tailored to empower...

LEPROC
August 26, 2023
Individuals

Exploring Registered Savings Accounts

The federal government of Canada has established a diverse range of registered savings accounts with the aim of nurturing a culture of saving and investment among residents. These...

LEPROC
August 26, 2023
Individuals

Taking Advantage of Tax Credits

In the intricate world of personal finance, tax credits shine as powerful tools, orchestrating a symphony of reduced tax burdens and amplified financial gains. This comprehensive guide is...

LEPROC
August 26, 2023
Individuals

Optimizing Returns from Retirement Plans

In the vast Canadian financial landscape, the Canada Revenue Agency (CRA) offers support through an array of retirement plans, each accompanied by substantial tax advantages. This article embarks...

LEPROC
August 26, 2023
Business, Individuals, Low-Income Business

Embracing Self-Employment

Exploring Self-Employment in Canada: A Comprehensive Guide Self-employment is a dynamic realm of income generation where individuals directly earn from their businesses or professional services instead of receiving...

LEPROC
August 25, 2023
Business, Individuals, Low-Income Business

Navigating GST/HST for Canadian Businesses

Mastering GST/HST Management in the Canadian Business Landscape In the intricate realm of Canadian business operations, a firm understanding of the Goods and Services Tax (GST) and Harmonized...

Wassim Amer
January 10, 2023
Individuals

2023 Guide for understanding the tax system for individuals

2023 Canadian Income Tax Rates: Your Comprehensive Guide As tax season approaches, understanding the intricacies of income tax rates is crucial for every individual in Canada. The Canadian...