Paying Taxes to the CRA
Don’t Fear Taxes Owing to CRA Tax season can be a stressful time for many Canadians, especially if they find themselves…
Read more
The Bare Trust Debacle
In this article, we’re going to speak about the Enhanced Trust Reporting Requirements that were supposed to be reportable by March…
Read more
CRA Tax Refunds
Updated July 2025 Filing taxes can often bring feelings of stress and uncertainty. But amid all the paperwork and numbers, there’s…
Read more
Disability Tax Credit (DTC)
In Canada, individuals living with disabilities often face unique financial challenges. To alleviate some of these burdens, the Canadian government offers…
Read more
How to Claim Medical Expenses
Armed with the right knowledge and guidance, claiming medical expenses in Canada can be a straightforward process that can yield significant…
Read more
When are Renovations Tax Deductible?
CRA’s Multigenerational Home Renovation Tax Credit (MHRTC) The multigenerational home renovation tax credit is a new refundable tax credit that can…
Read more
Child Care Expenses
In this article, information will be provided to give insight on the following topics: What are child care expenses? Child care…
Read more
Foreign Asset Reporting
As the world has become more interwoven, individuals have easier access to invest, work, and otherwise earn income from other countries. …
Read more
Spousal RRSPs
Updated 2025 May What are Spousal RRSPs? Spousal RRSPs are Registered Retirement Savings Plans available for married and common-law couples. Similar…
Read more
RRSPs Aren’t for Everyone
At this time of year, we see a lot of promotion of RRSPs from financial institutions and financial planners. They make…
Read more