Category: Canada – Tax

Not every Canadian is legally required to file a tax return each year, but understanding when it becomes mandatory—and when it is beneficial—is essential. Many individuals skip filing simply because they had no income or believe they owe no taxes....

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Living with a disability often brings not just physical and emotional challenges but also financial burdens. To ease these costs, the Government of Canada offers the Disability Tax Credit (DTC)—a non-refundable tax credit designed to help reduce income tax payable...

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The Canadian tax system provides various deductions and credits for individuals with disabilities. One of the most underutilized yet powerful deductions is the Disability Supports Deduction, which helps cover expenses directly related to employment, education, or professional research. This deduction...

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The Digital News Subscription Tax Credit, introduced in 2020, offers Canadians a modest but meaningful reward for supporting quality journalism. Though limited in scope, many subscribers are pleasantly surprised at how easy it is to claim—and how much it can...

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The T4 slip, also known as the Statement of Remuneration Paid, is one of the most critical documents for Canadian taxpayers. It shows how much employment income you earned and the amount of taxes and deductions withheld. Employers are legally...

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Filing your personal income taxes in Canada has become easier and faster with the Canada Revenue Agency’s (CRA) online portal: MyAccount. This secure and convenient platform allows individuals to access their tax slips, file tax returns, monitor refund status, receive...

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If you've been charged penalties or interest by the Canada Revenue Agency (CRA) due to circumstances beyond your control—such as illness, natural disaster, financial hardship, or administrative errors—you may qualify for relief under the CRA Taxpayer Relief Program. This program...

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As the 2025 tax season approaches, it's essential for Canadian individuals to understand the key filing and payment dates to avoid penalties, interest charges, and delays in refunds or benefits. The Canada Revenue Agency (CRA) sets firm deadlines, and knowing...

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Missing the deadline to file your income tax return with the Canada Revenue Agency (CRA) can lead to costly penalties, interest, and additional consequences. Whether you owe taxes or not, failing to file on time can impact your financial standing...

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Keeping track of your tax documents can be overwhelming—especially when slips arrive at different times or go missing. Fortunately, the Canada Revenue Agency (CRA) provides a centralized, secure portal known as CRA MyAccount where Canadians can view, download, and manage...

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