Canada – Tax

Capital Gains in Canada: How to Report and Pay Taxes

Capital gains are a significant component of the Canadian tax system, especially for individuals who invest in stocks, mutual funds,…

18 hours ago

Capital Gains and Losses: What Individuals Must Know When Filing

Understanding how capital gains and losses are taxed in Canada is essential for any individual who sells investments, real estate,…

18 hours ago

Can You Get an Extension for Filing Federal Taxes in Canada?

Every year, Canadian taxpayers are required to file their federal income tax returns by a specific deadline, typically April 30.…

18 hours ago

Can You Deduct Interest on Student Loans or Investment Loans in Canada?

Interest expenses can represent a significant financial burden, especially for students paying off education loans or investors leveraging borrowed funds…

18 hours ago

Avoiding Common Mistakes When Filing Federal Tax Returns in Canada

Filing your federal tax return in Canada can be a straightforward process—if done correctly. However, each year, thousands of Canadians…

18 hours ago

Avoiding Common Mistakes That Reduce Your CRA Refund

Every year, thousands of Canadians miss out on their full tax refunds because of avoidable errors during the tax filing…

18 hours ago

Are CERB, CRB, or COVID‑19 Benefits Still Taxable in 2025?

Even though the major COVID‑19 income support programs ended years ago, understanding their tax treatment remains important—especially if you've repaid…

18 hours ago

A Complete Breakdown of Federal vs Provincial Income Taxes in Canada

Canada’s income tax system is unique in that it involves two levels of taxation: federal and provincial/territorial. While both levels…

18 hours ago

Complete Guide to Federal Tax Affairs in Canada: Forms, Filing, Due Dates & More

Canada’s federal tax system, administered by the Canada Revenue Agency (CRA), is designed to collect revenue based on income, ensure…

1 day ago

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