Bowie Can Help walk you through the labyrinth of securing your lifestyle and legacy

An RRSP (Registered Retirement Savings Plan) is a retirement savings plan that you establish that the CRA registers. RRSP contributions can be used to reduce your tax.  For example, if you are getting close to a new tax bracket you can use your RRSP contribution to reduce your income and save on taxes because you...

Time to RRIF soon? The RRIF, an RRSP Maturity option!   There are 4 RRSP Maturity Options, one of those options is the RRIF.  The RRIF is a very popular Retirement Income Option that the government legislation provides. Although you can make the same types of investments in your RRIF that you can in your...

When we hear the term Tax-Free Savings Account (TFSA), the first thing that comes to mind is a low- or no-interest account at a bank.  People are surprised to learn that almost every investment option available to their RRSP is also available to them in a TFSA plan. ...

Jennifer is age 70, lives in Ontario and is on disability, she owns a house, but the bathroom is the old school type and needs an upgrade since it’s not very accessible for someone with a disability. Jennifer decided to put in a walk-in bathtub to make her life easier, with installation and everything that ended up costing her $8000. With the Home Accessibility Tax Credit (HATC) she gets to claim the non-refundable tax credits on this tub and installation...

Our office will start accepting tax returns on Wednesday, March 1st, 2023. Feel free to visit us Monday thru Thursday from 10am-3pm to drop off your taxes, no appointment necessary   300 Terry Fox Drive, Suite 1000, Kanata or email us at: taxes@bowiecanhelp.com  Tax time is a good time to take a closer look at...