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Detailed and straight to the points. One of the best videos I've ever seen on tax.

If you are a small business owner, you legally own your home, and your home is legally your ‘Home Office’, and you don’t want to sell it, can your divorcing spouse claim your home (also technically your home office)?

Super helpful introspect thank you

Is there a billing course within OHIP that they offer? MSB offers a basic course for free in Saskatchewan for physicians, NP's and Medical Billers.

All civilized countries have maternity leaves. Bravo!

14:50 what is meant be the small cap premium being about 1%?

How can you buy a with a home for $40,000 that is the maximum. Give it up unless you need a tax break.

😇 P r o m o S M

❤🎉😊🎉❤

Any tips on residency CV writing

Would the amount that I got from income stabilization be deducted later on ? Thanks

For PART 1 of the video: th-cam.com/video/cz8rbGyyjLw/w-d-xo.html 𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:47 - What can be included in a prenup? 3:55 - Can a prenup protect future income? 5:53 - What happens to debt in a prenup? 8:31 - Case: Protecting equity vs Income 11:36 - Can prenups protect future investments? 13:52 - What happens to investments purchased after marriage? 15:10 - Protecting Inheritances 17:00 - How long should spousal support be paid out? 18:27 - Lump Sum Spousal Support & Tax Deduction 20:04 - Child Support & Section 7 Expenses 23:07 - How long do you have to pay child support for? 25:25 - What invalidates a prenup? 29:46 - Getting separate legal counsel 31:16 - Case: When both partners own their home which becomes the matrimonial home? 34:52 - How to find a good family lawyer? 35:15 - Best relationship advice 35:29 - Red flags in a relationship from divorce cases 35:47 - Range of costs for prenups and cohabitation agreements 37:16 - Best resource for marriage advice

We need more of this!!!

Is a MPC (medical personal corporation) still worthwhile in 2024 after all the changes in tax legislation?

Hi, how do I see part 2 of this talk?

Is investing in a FHSA reduce Taxable income? Thanks

𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 7:09 - 4 Principles of Efficient Charting 8:31 - Complete Chart After Every Encounter 11:44 - Leading Your Clinical Encounters 14:38 - An Exact Plan for Inbox 15:41 - Manage Interruptions 19:51 - How did you get started with practice efficiency? 24:25 - What to do about offloading of work from specialists & others? 27:32 - Are AI Scribes worth it? 35:25 - How to deal with prescription refills quickly? 39:16 - How to chart efficiently as a resident when you don’t have control of the schedule? 42:05 - Resource for templates 43:03 - How to deal with anxiety around patient complaints? 48:44 - Do I have to review the whole patient chart? 52:20 - Finding the time to Fill out Forms 55:02 - FHO vs FHG practice models?

Is there a form for employer to apply the provincial tuition credit off your paycheque?

Super interesting, thank you. I've watched this as someone living in BC and believe in this province there were changes to the family act in 2013 that enable division of property in common law relationships, meaning you do need a cohabitation agreement to steer clear of this. At least that's my understanding. I would really really stress that this advice is province-specific to Ontario.

Thank you for the great information.

For Part 2: th-cam.com/video/JRb_jFp_uHs/w-d-xo.htmlsi=loOt5-oSNVb57b55 𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:22 - What happens when you divorce or separate? 1:20 - Difference between between Married and Common Law couples in separation 3:29 - Net Family Property (NFP) Calculation 4:44 - Equalization Payment Calculation Case - No Prenup 6:47 - Common Law Couple Case: Constructive Trust Claim 12:05 - How is Child Support Calculated? 13:01 - How is Spousal Support Calculated? 14:05 - Is a prenup needed if we have similar net worth? 18:49 - What happens if your partner doesn’t want a prenup? 22:33 - Negotiating Spousal Support in a Prenup 24:37 - Differences between divorces with and without prenups?

WHERE DO I SEND IT

This is a great Video and Advice. Couple of questions if you can please assist with: Wife makes 100k/Year T4 Full Time Employee Husband Makes 200k/Year T4 Full Time Employee as well. If husband employees wife for lets say 40k/year. What will be the tax savings for this? There is no corporation no business and what are the other ways other than employing the partner for income splitting? Both are 35 years old no Kid Can it be done for previous years? Considering Spousal RRSP or Investment Loan is not an option. Will really appreciate your response on this. And also How can this be done what are the formalities needed to be done for this? Thanks in advance

Hello Dr.Steph. Thanks for sharing this information with us. It really helped me understand the basics. I have a question though. This is my last term at the university, it ends in June. I was unemployed in 2023. I wanted to file for tuition tax credits. I paid about $25000 last year. How can I use the tax credit now? I am almost done studying at this university. Also, I will be studying at a different college from September. Please tell me how to claim a tuition tax credit for 2023. Thank you. Have a wonderful day.

What if I pay all my loans just after graduation within 6 months?

Hi Steph, Is the transit pass that I paid for commuting from and to my workplace qualify to deduct my taxes. The pass was provided by my university and was was in fess. It was at a rate lower than the regular price. For example- Bus pass in HRM was 82.5 a month. But I paid around 190 dollars for 8 the 8 month period when I was a student.

Dear Dr Steph: What is the appropriate billing code for a meet and greet? What do you think should be required for a meet and greet consultation? Thank you kindly, Par (new family physician in Ontario, previous practice as a GP in Australia)

I can't find my canada training credit limit on 2023 NOA. What do i do?

Can we use both husband and wife’s HBP and FHSA when only one name is on the home buying contract?

My situation is that I did not have student loan, it was a credit line so I guess it would no apply?

Can you guys do a video on high yield CC ETF's? Many of us might be in the same boat, where we have worked hard, saved money, and now have considerable capital that we plan to use to retire on and are looking for investment vehicles to park that money in. In comes high yield CC ETF's (covered call) from the likes of Hamilton, Horizon, Harvest etc. With many of them paying yields north of 12% (some higher than 16%) they seem too good to be true. I understand that one of the reasons they can pay such high distributions is b/c of the options writing strategies they use to generate income, but still it seems too good to be true.

Hello Dr. Steph, I graduated in Dec 2023 ( last year ) and I paid 92K in tuition ( including 2022, and 2023 ). I did not pay any tuition in 2024. My question is: I recently got a job... What should I enter in line 5 of the TD1 form ? Zero OR 92k ? I want to use my unused tuition credits in advance to reduce my tax paid.

is the 55% my wife will receive further taxed or will she receive the $638 in full?

how long we can carry them forward

T1213 form submission : 1. Is the total unused carry-forward tuition amount mentioned in the notice of assessment is my total tuition tax credit? 2. What supporting documents must I submit for only tuition tax credit?

Great videos! Immediately subscribed!

Thank you for this Dr. Steph. I got extremely emotional while processing your prescription for powerful women. I'm' finding it challenging to navigate the unique health challenges/circumstances that you had highlighted. I have such conviction to put myself first, but at times the unique challenges you stated really impede my ability . You really helped me to understand to forgive myself for not feeling adequate or feeling like it's my fault for my circumstances, and believing the lie that there is no solution or resource. I'm grateful to TH-cam. I'm grateful to you. I'm grateful to my mind to arrive at consuming this content. How can I help myself to not lose sight? Do you have any process steps, or resources, or even a toolkit on how to navigate the supports for women. It's as if I need a navigator of some sort, but it's so taxing to find the right solutions when seeking a suitable practitioner that can work with such unique challenges. I'm writing this to also ask for any insights, or even if there is a way to connect with you for a brief time to ask you some questions, I'd really appreciate it. I may try to also reach out via LinkedIn. Thank you for your uploads and channel.

You are an incredible resource! I'm transitioning soon and have been binging many of your videos. Thank you for making these!

You are a lifesaver Dr. Steph!!! THANK YOU!!!!

Hi doc. Would I be able to avail for the EI of paternal leave if my newly born child is overseas??

𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:34 - Why the need for a national financial conference? 1:25 - Financial literacy & impact on mental health 2:10 - What is known in the literature on financial education interventions? 3:20 - Example Conference Content 3:28 - Conference Team 3:52 - Audience demographic 6:01 - Post conference evaluations 8:07 - Study Limitations 9:33 - Philanthropic impact

can we claim that education fee tax credits as a deposit to our bank account

So what the fuck exactly do we put on line 5 of TD1. You keep mentioning the mistake of putting total tax credit, so what exactly we need to put there. Like the tuition we paid for the terms of completed year? Or the tuition of the term we are studying currently??

Glad to have found this. Great resource as a researcher on primary care who only recently moved to Canada. Things start to make a bit more sense, will dive into other lectures as well now. Also, love the subtle swipe at Mass Effect 3 :D

I have a child that is a student that is in university and we sometimes help with her 'rent'. The question 'what is your principal address on December 31 2023' had made a mess of the income tax last year as we have completed that with her 'home' address, (parents address qualifies for the northern Ontario energy credit. She has not return "home" over the summer months as she now has a part time job there. She tried to change her address with CRA, in her first year, but they then froze her 'account' and it took some time to have access back. That person told her not to as she was a 'student' in university. So I guess the question is, what do you enter for your address - your home, where your parents are or home, where she lives for school?

This is possibly the smartest person alive. Good video.

Pl advise, for international students paying university hostel residential fees, and also the tution fees, how the residential fee can be used for tax credit??? Is there any form or any other information. Tx

Hello Dr. Steph. How do I transfer my 5k unused tuition to my husband? I have paid 19k on tuition but it won't allow me to type in 5000 in my schedule 11. thank you in advance

Absolutely excellent advice, thank you!

Can a person go bankrupt on their student loans? And what happens if a person doesn't pay back their loans?