Understanding revenue is the first step to mastering the income statement. In this post, we explore what revenue is, the difference between operating income and other income streams, and how these insights can help you make informed financial decisions for your business.

Owning a rental property in Canada can be a solid investment, but it comes with important tax obligations. In this post, we dive into how to properly report rental income, which deductions landlords can claim, and key considerations like capital cost allowance, change in use rules, and common tax pitfalls. Learn how smart tax planning can protect your profits.

Discover how different income sources flow through the Canadian tax system and impact your deductions, credits, and overall tax strategy.