Insights

No one enjoys a nasty surprise when preparing their tax return. Unfortunately, Alternative Minimum Tax (AMT) has the potential to be exactly that. AMT was enacted in 1982 to ensure a minimum amount of tax was paid on income subject to preferential tax [...]

Should I contribute to my TFSA or RRSP? This is a common question when it comes to saving for retirement. It isn’t always financially possible to maximize the annual contribution to both, so many people often need to prioritize and invest in the [...]

S+C Partners is here to help you smoothly navigate the tax season and get every tax credit and deduction you’re entitled to. Our 2018 T1 checklist is now available to assist you in organizing all the items required to complete your 2018 personal [...]

Calculating GST/HST can be an onerous task for many small business owners. The quick method of accounting is an option available to many small businesses that simplifies the GST/HST calculation, reduces paperwork, and makes it easier to file GST/HST returns. How does it [...]