Make Sure You Claim the Work-From-Home Tax Benefit

Make Sure You Claim the Work-From-Home Tax Benefit

We can all agree last year was a tough one, but as always, Fint.Cloud is here to help you find a silver lining.  In November 2020, the Canada Revenue Agency (CRA) announced it had simplified the rules for tax deductions as it relates to working from home. With so many...
Thinking of a Small Business Loan in Canada?

Thinking of a Small Business Loan in Canada?

“Money is the lubricant and the fuel. It makes possible the smooth design, production and marketing of a product and it keeps the administrative functions efficient. Money also moves the company forward by fuelling growth and expansion.” – Victoria Duff, a...
2020 Canadian Tax Deadlines Amid COVID-19 Epidemic

2020 Canadian Tax Deadlines Amid COVID-19 Epidemic

Individual (personal) taxes – the deadline for personal tax filing has been pushed out from April 30th to June 1st. Sole Proprietors and those in a Partnership are considered individuals but their normal regular tax deadline is June 15th, so there is no filing change...
Tax Deductions For Homeowners Canada

Tax Deductions For Homeowners Canada

Is mortgage interest tax-deductible in Canada? Generally, mortgage interest cannot be claimed as a tax deduction since it is not subject to GST or HST. However,  if an individual borrows against home equity to purchase income-producing investments (for example,...