The Child Care Expense Deduction dollar limits have increased by $1,000. The maximum amounts that can be claimed have increased to $8,000...

The Child Care Expense Deduction dollar limits have increased by $1,000. The maximum amounts that can be claimed have increased to $8,000 for children under age seven, to $5,000 for children aged seven through 16, and to $11,000 for children who are eligible for the Disability Tax Credit.

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Many young couples make the mistake of buying the best house they can afford when both are working. Then when they have their first...

Many young couples make the mistake of buying the best house they can afford when both are working. Then when they have their first child, and one person’s income drops by half because they are on Employment Insurance, they discover that they can no longer afford the house—and possibly their car payments, student loans and credit card debts.

It’s become normal to be in debt. They always owe something on their credit cards, overdraft or line of credit. In addition, some take...

It’s become normal to be in debt. They always owe something on their credit cards, overdraft or line of credit. In addition, some take out loans or second mortgages from finance companies to consolidate their debts or to pay for unexpected expenses. The problem with these forms of debt is that they are typically very expensive. Paying the interest alone on debts that charge 12% to 30% in interest consumes hundreds of dollars of your monthly income. Then when you add in principle payments, these debts can eat up most of your disposable income very quickly.

At Bryce & Brown Accounting Services we help our clients resolve their tax disputes favourably and efficiently. That’s all we care about....

At Bryce & Brown Accounting Services we help our clients resolve their tax disputes favourably and efficiently. That’s all we care about. And that’s how we’ve earned a reputation for getting the job done. We’re focused, driven, and obsessed with delivering quality service #freeconsult

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One of the most common financial mistakes that people make is that they don’t pay much attention to their finances. Their paycheque shows...