Don’t miss out on these more obscure tax deductions

The Globe and Mail
March 18, 2024.

Sean Hsu, Senior Tax Specialist, Tax and Estate Planning and Private Family Office with Richardson Wealth, shares with The Globe and Mail that while many Canadians know about common income tax deductions, they may not be aware of more obscure – and potentially lucrative – deductions.

While many of these credits are niche, Mr. Hsu advises his clients to make sure they don’t miss any that may pertain to their unique situations. “These can all make a huge difference,” he says.

Related articles

2024

Richardson Wealth welcomes leading team in Halifax

Richardson Wealth is pleased to announce the addition of a highly respected six-woman wealth-management team to the firm’s Halifax branch.

1 minute read

2024

Capital gains changes tip the scales for business owners

May 3, 2024 - Joseph Bakish discusses his approach with incorporated clients following the proposed changes to the capital gains inclusion rate.

1 minute read

2024

Capital-gains tax hike will lead to ‘fairness for every generation’? Really?

The capital gains hike announced in Budget 2024 suggests that only a small minority of businesses will be affected by the change. Andrew Feindel, Portfolio…

1 minute read