Kat LM, CPA
Kat LM, CPA
  • Видео 10
  • Просмотров 51 341
Do This to Legally PAY LESS TAXES in Canada | 6 Ways You Probably Haven’t Heard of to Pay Less Taxes
Looking for new ways to reduce your tax bill? How to legally pay less taxes in Canada? Already heard about RRSP contributions, tax deductions, and tax credits, but wondering if other ways exist to pay less taxes? Are you missing out on these tax strategies? Are you unknowingly paying more taxes than you should?
This video is all about lesser-known ways to legally pay less taxes in Canada. We discuss 2 ways to pay less taxes if you don’t yet own a home, 2 ways to pay less taxes if you already own a home, and 2 ways to pay less taxes regardless if you already own a home or not. At the end of the video, I share an important tip that could save you thousands of dollars in taxes, related to the...
Просмотров: 284

Видео

10 Things to Do Before Dec.31 to Pay Less Taxes | Canadian Year-End Tax Saving Tips | Reduce Taxes
Просмотров 51 тыс.16 часов назад
How Can I save taxes this year? How can I reduce my tax bill? What are some tax saving strategies for the end of the year? How do I save the most taxes possible? What are important tax deadlines for this year? This video is all about 10 Things to do before the end of the year to PAY LESS TAXES. We discuss 4 things you can do related to registered accounts, 3 things you can do in relation to tax...
Tax Changes in Canada for 2025 | Tax Brackets, BPA, TFSA & RRSP Limits, CPP & EI, OAS Repayment, CCB
Просмотров 44214 дней назад
What are the biggest tax changes in Canada for 2025? Will I pay more taxes this year? What are the new TFSA and RRSP contribution limits? What are the 2025 tax brackets? Are CPP contributions and EI premiums increasing? How much CCB will I get for my kids? This video is all about the tax changes in Canada for 2025. We discuss the new tax brackets, Basic Personal Amount, TFSA and RRSP contributi...
How Income Taxes Work in Canada | Tax Brackets, Tax deductions, Tax Credits, How to Get a Tax Refund
Просмотров 26021 день назад
How do income taxes work in Canada? What are tax brackets? What are tax deductions? What are tax credits? How do I get a tax refund? Should I make more money, or will I lose it all in taxes? This video is all about how income taxes work in Canada. I discuss tax brackets as well as how taxes are actually calculated, including tax deductions and tax credits. I provide a comprehensive example to w...
TFSA vs RRSP vs FHSA | FREE QUIZ To Find Out Which One You Should Prioritize! | How to Choose
Просмотров 23828 дней назад
What’s the difference between the TFSA, RRSP, and FHSA? Which one should I contribute to? Should I focus on the TFSA, RRSP, or FHSA first? Which one will save me more money in taxes? If you’re not sure what the differences are between the TFSA, the RRSP, and the FHSA, or if you don't know which one to invest your money in, you’re in the right place! This video is all about comparing the TFSA wi...
FHSA Explained (By An accountant)| FHSA For Beginners | Understand the FHSA | First-Time Home Buyer
Просмотров 540Месяц назад
What is the FHSA? How does the FHSA work? How to save for a down payment in Canada? What are the benefits of the FHSA? Can I use the FHSA and the Home Buyers’ Plan together? How much money can I contribute to my FHSA? How to calculate FHSA participation room? Should I open an FHSA? If you’re a first-time home buyer, you’re actually super lucky! You get access to a money-making tool that the res...
RRSP Explained (By An Accountant) | RRSPs For Beginners | Understand RRSPs
Просмотров 202Месяц назад
What is an RRSP? How do RRSPs work? Should I open an RRSP? How much money can I contribute to my RRSP? How do RRSP tax deductions work? How do RRSP withdrawals work? Can I withdraw from my RRSP before retirement? If you don't have an RRSP, you're missing out on tax savings free money! This video is all about the RRSP or, Registered Retirement Savings Plan. We'll go over what an RRSP is, the 2 k...
TFSA Explained (By An Accountant) | TFSAs For Beginners | Why You Should Open A TFSA Today
Просмотров 93Месяц назад
What is a TFSA? How does a TFSA work? How much money can I contribute to my TFSA? How to calculate TFSA contribution room? Should I open a TFSA? How to make money with a TFSA? If you don't have a TFSA, you're literally missing out on free money! This video is all about the TFSA or, Tax-Free Savings Account. We'll go over what a TFSA is, the key benefit of a TFSA, and how TFSAs work, including c...
How Capital Gains Tax Works When Converting Your Primary Residence to Rental (or vice versa)
Просмотров 392Месяц назад
Can I live in my rental property for 12 months to avoid the Capital Gains Tax? How long do I have to live in my rental property to avoid paying a Capital Gains Tax when I sell? Can I avoid the Capital Gains Tax if I never lived in my property? I'm planning to rent out my primary residence, are there any tax implications? ⬇️WATCH THIS FIRST⬇️ How Capital Gains Tax Works In Canada ruclips.net/vid...
How Capital Gains Tax Works in Canada | Capital Gains Tax for Beginners | 2024 Rate Increase
Просмотров 143Месяц назад
What is a capital gain? How are capital gains taxed in Canada? How is the capital gains tax calculated? What was the tax change on June 25? How will the capital gains rate increase impact my tax bill? How can I minimize the capital gains tax? This video is all about how the Capital Gains Tax actually works in Canada. We'll go over what a Capital Gain is as well as how the Capital Gains Tax is c...