Tax deductions and credits are your secret weapons for reducing the amount of tax you owe. They can save you a significant amount of...

Gone are the days when mailing a paper tax return was your only option. Today, the CRA offers a variety of ways to file, making the...

Knowing the correct tax deadlines is essential for a stress-free tax season. Filing on time helps you avoid late penalties and interest...

A common misconception is that you only need to file a tax return if you owe money or have a high income. In reality, filing is crucial...

Getting ready for tax season can feel overwhelming, but a simple way to start is by collecting all your necessary documents. Think of it...

Beyond the immediate benefits, filing a tax return is simply a vital part of staying financially organized. It ensures you have a clear...

Filing a tax return is not just about the current year; it's also about building a strong foundation for your financial future. Two key...

Did you work a job for part of the year and have income tax taken off your paycheque? Or did you contribute to a Registered Retirement...

For parents and guardians, filing a tax return is non-negotiable if you want to receive the Canada Child Benefit (CCB) . This is a...

You might think that if you earned little to no income in a year, you don't need to bother with a tax return. But that’s a common...

The ultimate goal of your First Home Savings Account (FHSA) is to help you buy your first home! The great news is that when it's time to...

While the First Home Savings Account (FHSA) offers fantastic benefits, it's important to stick to the rules, especially when it comes to...

The First Home Savings Account (FHSA) isn't just a place to stash your cash; it offers powerful tax benefits that make saving for a home...

So, you're eligible for a First Home Savings Account (FHSA)! The next question is, how much can you actually contribute to help reach...

If you're a first-time home buyer in Canada, there's an exciting new way to save for your down payment: the First Home Savings Account...

Congratulations, you've updated your marital status with the Canada Revenue Agency (CRA)! That's a crucial step, ensuring your tax...

Life can be hectic, and sometimes administrative tasks like updating your marital status with the Canada Revenue Agency (CRA) can slip...

You've learned why it's vital to update your marital status with the Canada Revenue Agency (CRA) promptly. Now, let's explore the...

The Canada Revenue Agency (CRA) has specific definitions for various marital statuses that impact your tax and benefit entitlements....

Did you recently say "I do," move in with a common-law partner, or perhaps go through a separation? These major life events aren't just...