Canada – Tax

How to Report Investment Income on Your Personal Tax Return

Investment income can be a valuable part of your financial portfolio, offering the potential for passive earnings and long-term growth.…

21 hours ago

How to Report Income from a T4E Slip (Employment Insurance Benefits)

Receiving Employment Insurance (EI) benefits during the year? If so, you'll receive a T4E slip from Service Canada outlining the…

21 hours ago

How to Report Foreign Income to the CRA Without Penalties

With Canada’s tax system based on residency rather than citizenship, residents are required to report their worldwide income, not just…

21 hours ago

How to Maximize RRSP and TFSA Contributions for Tax Savings

When it comes to saving for your future while optimizing your current tax burden, the Registered Retirement Savings Plan (RRSP)…

21 hours ago

How to File Taxes After Retirement or Receiving Pension Income in Canada

Retirement marks a major transition in life, but it doesn't mean your tax obligations end. If you are a retired…

21 hours ago

How to File a Tax Return by Paper vs Online in Canada

Filing your annual income tax return is a critical obligation for Canadian residents, and the Canada Revenue Agency (CRA) provides…

21 hours ago

How to Check the Status of Your Refund with the CRA

After filing your income tax return in Canada, one of the most eagerly awaited outcomes is the refund. Whether you’re…

21 hours ago

How to Calculate Quarterly Instalment Payments for Self-Employed Income in Canada

If you're self-employed in Canada, you don’t have an employer to deduct income tax from your earnings. This means you…

21 hours ago

How to Avoid CRA Instalment Interest Charges

If you’ve ever received a letter from the Canada Revenue Agency (CRA) asking you to pay tax instalments, you may…

21 hours ago

How to Amend a Previous Year’s Tax Return in Canada

Mistakes can happen when filing your tax return—whether it’s a missed deduction, an incorrect income figure, or a forgotten slip.…

21 hours ago

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