Blog | Balance+Wealth CPA

Jan 22, 20224 min read

Crypto Mining Tax - Hobby vs Business?

Have you started mining crypto, even made some money, and now you are wondering if you need to report it to the CRA? We would need to...

Dec 16, 20217 min read

Top 5 TAX WRITE-OFFS for Small Businesses

Now that we are nearing the end of 2021 and tax season is just around the corner - did you know tax is one of the biggest "expenses" for...

Dec 5, 20215 min read

How Taxes Work in Canada & Ways to Minimize your Individual Income Tax

Did you know that taxes can be one of your top 3 expenses? Think about it - depending on your marginal tax rate, you can be taxed between...

Aug 29, 20214 min read

Investment Accounts in Canada | Tax Free vs. Tax Deferred vs. Taxable Accounts

So you made the decision to start investing - you are off to a great start! It may seem overwhelming to make that first step since there...

Feb 9, 20214 min read

First Time Home buyer - Take advantage of these tax benefits!

RRSP contribution and tax season is creeping up on us. For those who don't know, the last day to contribute towards your RRSP for 2020 is...