Fri, 19 Jul 2019 16:43:53 +0000

Loan interest is still deductible on your tax return, even if your investment or business goes belly up

Jamie Golombek: Little-known 'loss of source' rule permits you to keep writing off previously deductible interest expenses after the source is gone

Fri, 19 Jul 2019 15:05:40 +0000

Divorce after 50 is absolutely destroying baby boomers’ finances

Boomers are ending marriages, sometimes for the second or third time, wrecking their finances on an unprecedented scale and never bouncing back

Fri, 19 Jul 2019 12:40:20 +0000

With only one income and no company pensions to fall back on, couple’s retirement rests on savings

With almost $2-million in assets, you'd think this couple has enough wealth, but they're still worried

Wed, 17 Jul 2019 14:24:15 +0000

France’s Bernard Arnault overtakes Bill Gates to become world’s second-richest person

Were it not for Gates's philanthropic giving, he'd still be the world's richest person

Wed, 17 Jul 2019 13:30:47 +0000

What you need to know about passing the family cottage on to the next generation

When making this emotional decision, be aware of these pitfalls and also the tax implications

Wed, 17 Jul 2019 13:05:53 +0000

Joint tenants or tenants in common? Don’t leave it to the courts and your heirs to sort out

Laurie H. Pawlitza: When writing a will, it's important to pay attention to the way title to the matrimonial home was registered

Tue, 16 Jul 2019 10:15:11 +0000

What you need to know if you’re making the leap from land owner to landlord

Jason Heath: Here are some tips on financing, taxation and what you can expect from future price growth

Fri, 12 Jul 2019 16:30:37 +0000

Here’s what you’re entitled to if your flight is delayed

A new passenger bill of rights goes into effect starting this summer

Fri, 12 Jul 2019 13:54:24 +0000

Have foreign property? The CRA issues harsh penalties if you don’t file this form

Jamie Golombek: You'd think the CRA would automatically forgive late filing penalties if a taxpayer voluntarily comes forward to correct their return, but no

Fri, 12 Jul 2019 13:30:51 +0000

Couple with too much debt want to borrow even more to build a cottage

If they add debt by keeping their current house and building a cottage, retirement will be almost impossible



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Robert Pellegrino, CPA, CGA

905-761-8080 ext. 224 

Philip Bright, CPA, CGA


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