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Latest Taxes Articles
What Happens If You Don’t Pay Your Taxes in Canada?
By Mark Gregorski
Published on February 6, 2024
What happens if you don't pay your taxes in Canada? Are there penalties? Find out what your options are if you can't afford to pay your taxes.
Which Receipts Should I Keep For Taxes In Canada?
By Veronica Ott
Published on February 5, 2024
Do you plan on claiming some expenses to help reduce your tax bill? Find out which receipts for taxes you need to keep.
Do You Have To File Taxes In Canada If You Have No Income?
By Lisa Rennie
Published on January 29, 2024
Do you have to file taxes in Canada if you have no income? Find out if you have to and what are the benefits of filing.
What Is The CPP Enhancement? CPP Costs Set To Rise In 2025
By Barry Choi
Published on January 16, 2024
In case you haven’t heard, Canada Pension Plan (CPP) contributions increased again in 2025. While these increases are nothing new, what worries some C...
Day Trading Taxes In Canada: When Capital Gains Tax Applies Even In A TFSA
By Caroline Macdonald
Published on January 11, 2024
As an investor, it's important to know how day trading taxes in Canada work. Depending on how you invest, the tax implications can vary.
Why A Donation Tax Receipt Is Great For Your Taxes
By Lisa Rennie
Published on January 3, 2024
A donation tax receipt is the superhero of your income taxes. You get back a portion of what you donate. Here is how it works and why
How To Avoid Capital Gains Tax On Rental Property In Canada
By Lisa Rennie
Published on January 3, 2024
Want to know how to avoid capital gains tax on rental property in Canada? First, sell the property at the right time, and that means...
First-Time Home Buyers’ Tax Credit (HBTC)
By Mark Gregorski
Published on December 12, 2023
The First-Time Home Buyers’ Tax Credit is a $5,000 non-refundable tax credit that you can claim on your tax return.
GST/HST Payment Dates In Canada
By Bryan Daly
Published on October 5, 2023
The GST tax credit is a great way to help offset the taxes you have to pay throughout the year. Do you know when the GST payment dates are?
Multigenerational Home Renovation Tax Credit
By Lisa Rennie
Published on July 5, 2023
The Multigenerational Home Renovation Tax Credit would allow families to claim a 15% tax credit up to $50,000 in qualifying renovations.
How Long Does It Take To Get A Tax Refund In Canada?
By Bryan Daly
Published on June 21, 2023
How long does it take to get a tax refund in Canada? Depending on how your file your taxes, you can get your refund between 8 days to 8 weeks.
Are Union Dues A Tax Deductible In Canada?
By Bryan Daly
Published on June 20, 2023
Are you a unionized worker? Are you wondering fi you union dues can be claimed as a tax deductible? Find out here.
