During the COVID-19 pandemic in 2020, many Canadians have made generous donations to churches, hospitals, and other registered charities. Did you know that your donation may be eligible for a tax credit? Claim your tax credit To claim this charitable tax credit, save your official donation receipts from any registered charities or other…
If you bought or sold your home this year or plan to buy or sell a home soon, High & Wide Financial has the information to help you. Principal Residence Exemption When you sell your principal residence, did you know that any profit (capital gain) may be exempt from taxes? In fact, if your home…
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If you are a resident of Saskatchewan, Manitoba, Ontario or New Brunswick, you may be eligible for the proposed Climate Action Incentive payment when you file your income tax and benefit return for 2018. A 10% supplement is available to residents of small and rural communities. The incentive will first…