StudioTax Review 2024

studiotax review

StudioTax is certified tax preparation software for Canadian personal income tax returns. It is provided by BHOK IT Consulting and is now also available for Quebec residents. I have been a user for the last few years and have not found a reason to change or try a free or paid tool. StudioTax suits my…

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Starting a Business? Here are the Four Business Types in Canada

We have already discussed the types of business models and tax considerations for self-employed people. Another important decision to be made before starting a business is to choose a business type. There are four types of business structures available in Canada and this post will look at the attributes of each one of them. Corporation…

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A Primer on BRIC

Typically, Canadian and US investors invest in their respective country’s stock market and seek diversification through the other country’s market. For further diversification, they might buy stocks, mutual funds, and/or ETFs of other developed countries such as France, Germany, Japan, etc. However, growth prospects abound in developing nations across the world and such countries, termed…

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A Primer on American Depositary Receipts (ADRs)

American Depositary Receipts (ADRs) are securities of non-US corporations that trade in the US stock markets.  Individual shares of such foreign securities represented by ADRs are called as American Depositary Shares. ADRs are created when a broker purchases shares of a non-US corporation on its home stock exchange and transfers them to a local custodian…

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Dollar Cost Averaging (DCA) vs Dollar Value Averaging (DVA)

When investing in stocks, bonds, mutual funds or ETFs, the term “dollar cost averaging” is usually mentioned as the no-frills approach to investing. This post will compare dollar cost averaging to dollar value averaging and discuss their pros and cons. DCA is a relatively simple and practical approach to investing, where we invest a small…

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