Resources

Self-employed? Take full advantage of tax deductions, credits, and smart planning strategies to keep more of your earnings. Our expert CPAs can help—get started today!

The start of a new year is a time for reflection, resolution, and renewal. It’s also the perfect opportunity to take charge of your finances and establish clear, actionable tax planning goals. Whether you’re looking to reduce your tax bill, grow your savings, or stay compliant with evolving tax laws, the tips below will help you make 2025 a financially successful year.

As the end of the year approaches, it’s the perfect time to review your finances and make strategic adjustments that can boost savings, reduce taxes, and set you up for success in the coming year. For Canadian individuals and businesses alike, proactive year-end financial planning can make a significant difference. In this blog, we’ll cover key tips to help you maximize tax savings, optimize investments, and strengthen your financial health before the year wraps up. Let’s dive in!

Investing in education is one of the most significant financial decisions for many individuals and families in Canada. Fortunately, the Canadian tax system offers several credits, deductions, and savings plans that can help offset the costs associated with post-secondary education. In this blog, we explore the key tax implications of education expenses, providing valuable insights to help you make the most of available tax benefits.

Financial literacy is an essential life skill, yet it’s often overlooked in traditional education. At JMH, we believe that teaching children about money early on is key to their future success. In this blog, we’ll share practical tips to help you start your kids on the path to becoming financially responsible adults.

Navigating the complexities of tax deductions is crucial for Canadian business owners looking to maximize their savings and reinvest in their companies. With the right strategies, you can significantly reduce your taxable income, but it requires a solid understanding of available deductions and careful planning. In this guide, we’ll explore key tactics to help you optimize your deductions and keep more of your hard-earned money in your business.

Navigating tax obligations can be particularly challenging for Canadian expatriates and non-residents. Whether you're living and working abroad or have investments in Canada, understanding your tax responsibilities is crucial to avoid penalties and optimize your tax situation. Here are some essential tips to help you manage your taxes effectively as a Canadian expatriate or non-resident.

As we find ourselves halfway through the year, now is the ideal time to pause and assess our financial goals. Whether you're aiming to strengthen personal finances or manage business growth, a mid-year review ensures you stay aligned with your aspirations. This blog outlines actionable steps to evaluate your current financial standing, adjust plans as needed, and set a course for achieving success by year-end. Let's dive in!

Saving for your child's education is one of the most significant financial commitments you can make as a parent. In Canada, the Registered Education Savings Plan (RESP) offers a powerful and tax-advantaged way to save for post-secondary education. This blog will guide you through the essentials of RESPs, including the actions you need to take and the benefits of utilizing this plan, ensuring you're well-prepared to support your child's educational journey.

New Year, New Financial Goals! Join us as we embark on a journey to financial success. From setting realistic budgets to maximizing tax-efficient savings, our CPAs are here to guide you through the seas of financial planning. Let's make the coming year a prosperous one!