RLB Blog

On October 3rd, 2016, the Department of Finance announced “preventative measures for a healthy, competitive and stable housing market” (fin.gc.ca). The message conveyed is that the government is taking action over “concerns of middle class families facing high debt and concerns over the housing affordability, and is actively engaged in monitoring and addressing the overall health and stability of the housing market and financial system in Canada” (fin.gc.ca).

Believe it or not, there is a myth about women being less charitable than men.  In the past, this has been suggested by statistics for charitable giving.  Why would this be? And is it true?  The following article delves into this myth and explores the truth about women and their charitable giving, and the changes that have been occurring. Click here to read the full article.

Going through a divorce can be one of the most difficult, costly, and stressful times in a person’s life. There is so much to think about, and income tax is often the last thing on your mind. It's helpful to know you have the right advisors on your side, looking out for your best interest when navigating through a divorce. Once your lawyer has drafted your separation agreement, don’t forget to have your accountant look it over, too. Sometimes a separation agreement can conflict with the Income Tax Act. The wrong wording in the agreement could be very costly in lost credits and deductions, and it can be expensive to go back and have the separation agreement changed after the fact.

Are you interested in learning how to use Quickbooks Online but just haven't had the time to join our Bookkeeping Team for a training session?