Tax due dates, credits and more: Your 2024 income tax return guide
We have everything you need to know about tax credits, changes and deadlines, and more. Get the info you...
Income Tax
How are bonuses taxed in Canada?
If you’re getting a year-end work bonus or a raise, congrats! Before you spend it, know what deductions to...
“I have receipts”: Why you need to keep Canada income tax documents
You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts...
How your net income gets calculated for tax and OAS
To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by...
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What Canada’s deferred capital gains tax change means for your taxes
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes...
When does the capital gains tax inclusion rate increase take effect?
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
Capital gains tax in Canada, explained
Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets....
Can seniors claim home renos on a tax return? If so, which ones?
Canadian seniors may be eligible for a tax credit on safety-related home renovations. Let’s look at the credits available...
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Will bitcoin crash in 2025?
Bitcoin is alive and well, three ways to buy crypto in Canada, and what to know about crypto capital...