Here are a few very helpful tips regarding filing taxes, including pension income splitting and revenue from rental properties.
Did you know that Vancouver has one of the highest concentrations of self-employed entrepreneurs in Canada? If you’re self-employed there are a number of business-related expenses you can claim. Keep all your business related receipts, invoices, and any other records of these associate costs and take full advantage of all available deductions. You can write off...
Madazli & Co is proud to provide services to a range of different client types, including non-profits. As we’ve prepared yearly files and kept the books for these organizations we’ve had the pleasure of some constructive and enlightening conversations with different Executive Directors, Board Treasurers and Coordinators about how they stay organized and efficient and...
If your kids are under 18 they might not make a lot of money or own a lot of assets, in fact you most likely should claim them as dependents. Mind you a number of bright kids have started million dollar websites, whether your child has done that or has a part-time paper route there...
There a few good reasons to give to charities if you can. Not only can you contribute to the good work that a charity you support does in your community but you can also receive federal tax credits. A win-win! Here’s a few things to be aware of first though. Not all Non-profits are charities....