In Other News
Declaring revenue: Is it a hobby or a business?
Whether you bake cupcakes and sell them to co-workers or go fishing after work and sell what you catch to friends, any profit you make from your passion could be considered business income, subject to income tax in Canada.
Conquer your back-to-school spending with these four tips
A new school year comes with new costs – housing, transportation, text books, social activities, etc. It’s not only important to keep track of these expenses but also to ensure that you can pay for them with the money you have.
How you can invest in your child’s education
As your child or children head back to school in this fall, immediate financial needs aren’t the only academic expenses to consider.