Therapists in Alberta: Don’t Overpay Payroll Taxes After July 2025
How Alberta’s Mid-Year Tax Update Affects Your Practice’s Payroll In July 2025, the Canada Revenue Agency (CRA) announced a significant update to payroll tax rates. If you run a mental health practice in Alberta, these changes could affect your paycheque (and your stress levels). Here’s a straightforward breakdown of the changes and how they affect […]
DST Repeal: A Welcome Break for Your Practice Software Budget
DST repeal saves Canadian therapists software costs Running a solo therapy practice involves carefully managing your costs. That’s why the federal government’s June 29, 2025 decision to cancel the Digital Services Tax (DST) is good news for clinicians who rely on online booking, telehealth, and advertising platforms. Here’s what happened, what it means for your […]
Missed CRA Deadline? Regain Control of Your Therapy Practice Fast
Bounce back from late filings with a quick recovery plan Running a mental health practice requires a lot of attention to your clients, which can cause tax deadlines to slip your mind. But missing Canada Revenue Agency (CRA) deadlines can result in significant financial and administrative consequences. Here’s how to quickly recover if you’re behind […]
How Canada’s Personal Tax Rate Cut Could Positively Impact Your Practice
Understand the impact of the upcoming personal tax rate cut on your practice As a mental health practitioner in Canada, staying informed about financial changes is crucial for the success of your practice. Recently, the Canadian government announced a significant change: a proposed reduction in the lowest personal income tax rate. This article will help […]
Top Tax Deductions for Canadian Therapists in Private Practice
Tax Deductions for Therapists and Psychologists in Canada Navigating taxes can be a daunting task for psychologists in Canada. This guide will simplify the process, offering insights into potential tax deductions. By understanding these deductions, you can save money and optimize your tax planning strategies. What are tax deductions? Tax deductions reduce your taxable income. […]
