As a freelancer struggling to get off the income rollercoaster, I was skeptical at best when I first cracked open Profit First: Transform Your Business From a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz. “You’ll help my business start being profitable today? Lol ok, Mike”. But let me tell you, Profit First has Read more about Profit First: 4 Lessons From The Book That Transformed My Finances[…]
Rainy-day savings taking greater priority amid concerns over external factors affecting finances Canadians are officially going on cost-cutting mode as the COVID-19 pandemic’s impact fuels concerns over personal finances, according to findings from a new survey. In its 2020 Consumer Debt Report, the Credit Counseling Society found that a prospective rise in cost-of-living expenses was Read more about COVID-19 has sharpened Canadians’ financial-planning focus[…]
With millions of Canadians working from home in 2020, the Canada Revenue Agency (CRA) is bracing for an onslaught of new home office expense claims. Learn about the special rules for making these claims. Update on home office expenses and form T2200 The CRA has responded to us on a number of outstanding questions relating Read more about Employee home office expenses: Special rules for 2020 claims[…]