A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Latest tax Articles
Best Working From Home Tax Deductions In Canada
By Chrissy Kapralos
Updated on June 11, 2024
Did you know you can claim home office expenses to lower your tax bill? Find out the best working from home tax deductions in Canada.
First-Time Home Buyers’ Tax Credit (HBTC)
By Mark Gregorski
Updated on June 11, 2024
The First-Time Home Buyers’ Tax Credit is a $5,000 non-refundable tax credit that you can claim on your tax return.
Property Tax Canada
By Lisa Rennie
Updated on June 11, 2024
Property taxes are part and parcel of homeownership. But the question is, just how much can you expect to pay in property tax in Canada?
Ontario Staycation Tax Credit
By Lisa Rennie
Updated on June 11, 2024
Did you know you can claim 20% of vacation expenses using the Ontario Staycation Tax Credit?
Claim The Digital News Subscription Tax Credit
By Mark Gregorski
Updated on June 11, 2024
Did you know that the digital news subscription tax credit offers a tax credit to Canadians who pay for digital news subscriptions?
Going Green: Tax Credits, Rebates, and Government Programs
By Chrissy Kapralos
Updated on June 11, 2024
The federal and provincial governments encourage citizens to be mindful about how much energy they use and offer green tax credits on sustainable ener...
T4 vs. T4A: What’s The Difference?
By Chrissy Kapralos
Updated on June 11, 2024
Wondering what's the difference between a T4A vs T4? We've broken down what they are and which one you can expect to get for tax season.
The T1213 Form Explained
By Corrina Murdoch
Updated on June 11, 2024
The names of specific tax forms in Canada can be confusing, like the T1213 tax form. What is it and do you need to file this year?
Income Taxes: Employee vs Contractor
By Bryan Daly
Updated on June 11, 2024
Depending on whether you're a employee or a contactor, the way you files your taxes will vary. Learn the differences between an employee vs contractor...
Compare TurboTax vs. UFile
By Bryan Daly
Updated on June 11, 2024
Wondering which tax filing software is the best option for you? Learn the benefits, drawbacks and reasons to use TurboTax vs UFile.
Which Receipts Should I Keep For Taxes In Canada?
By Veronica Ott
Updated on June 11, 2024
Do you plan on claiming some expenses to help reduce your tax bill? Find out which receipts for taxes you need to keep.
What Is A Canada RIT Deposit? It Is Money The Government Gives Back To You
By Corrina Murdoch
Updated on June 11, 2024
Canada RIT Deposit stands for Canada Refund Income Tax and is the money you get back from the government after filing your taxes.
