The Canada Revenue Agency (CRA) is committed to putting people first and providing the income support that Canadians need duringContinue reading “May 2021 Update: COVID-19 benefits and your taxes”
Find out what’s new for 2020 and your filing and payment due dates, gather your documents to report income and claim deductions.
This page provides information (including a table of penalties and frequently asked questions) about penalties for late or improperly filed forms and information returns.
This article outlines the income tax implications of common transactions involving cryptocurrency.
The 2021 tax filing season is on the horizon and kicks off on February 22, 2021.
There are many ways for small businesses to legally reduce their income taxes in Canada. This guide offers some ofContinue reading “Small Business Tax Strategies – Reduce Income Tax (2020)”
When you look at your household budget, the amounts you’re spending on mortgage/rent, transportation and food are usually top ofContinue reading “2020 Personal Income Tax Changes You Need To Know”
I have found the biggest mistake young families make is not planning prior to the arrival of their children. The fact is,Continue reading “3 Money Tips to Follow Before Baby Comes”
Medical expenses can be claimed on your tax return through the Medical Expense Tax Credit (METC). The Medical Expense TaxContinue reading “What medical expenses can I claim on my taxes in Canada?”
If you have a checking account, of course you balance it periodically to account for any differences between what’s inContinue reading “Personal Accounting”