Learn how net income is calculated for individuals and businesses in Canada.
The CRA allows you to claim certain child care expenses for tax deductions. Here's what you should know about claiming deductions with the T778 form.
Wondering if you need to file a personal income tax? This guide provides key information on what you should know.
Here's what you need to know about the medical expense tax credit when filing your tax return in Canada.
Your Canada Pension Plan payments are subject to tax in Canada. Here's what you need to know.
Cryptocurrency gains may be great, but do not forget the tax implications of these gains in Canada. Here's how the CRA treats crypto tax in Canada.
Remember to claim the dividend tax credit if you've received investment income from qualifying Canadian corporations.
You may be eligible for capital gains tax deduction when you dispose of certain property. Find out more about the Lifetime Capital Gains Exemption.
Your tax return filing method can impact how soon you receive a notice of assessment from the CRA. This is how long it can take.
Use the T1213 form to reduce your taxable income and income taxes for a specific tax year, this is how you can do this.
If you have earned income from a foreign company while being a resident of Canada, the T2209 form helps you claim federal foreign tax credits.
As a Canadian resident, if you have earned investment income in a tax year then you need a T5 tax slip. Here's what you need to know about the T5.
Do you need to make an adjustment to your T1 tax filing? Check out our simple guide to making a T1 adjustment.
The T4 is an important tax slip used to file the Income Tax and Benefit Return if you worked for an employer in Canada. Here's what you should know.
Do you need to authorize or cancel a tax representative ? Learn how to do so by filling out the AUT-01 form (previously known as the T1013 form).
A T2033 is a form that you can fill to make entitled transfer payments between registered plans on a tax-free basis.
Line 10100 on your Income Tax and Benefit Return form represents your employment income. If you had to submit a tax return before the tax year 2019, this would have been known as line 101.
The T2200 is a form that declares the conditions of employment of an employee for work expenses incurred by the employee.
This article provides key insights on inheritance and estate tax in Canada.
Find out how you can claim a tax credit for your eligible investments in Ontario mining exploration.
Everything you need to know to successfully manage your construction-related tax filings, via the all-important T5018.
No one said taxes were simple! Here is everything you need to know about capital gains tax in Canada, so you can stay financially efficient.