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…
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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…
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Demystifying CRA Tax Refunds
Tax season is often a time filled with anxiety and uncertainty. However, amidst the paperwork and calculations lies a silver lining…
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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…
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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…
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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…
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Child Care Expenses
In this article, information will be provided to give insight on the following topics: What are child care expenses? Child care…
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Foreign Asset Reporting
As the world has become more interwoven, individuals have easier access to invest, work, and otherwise earn income from other countries. …
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Spousal RRSPs
Updated 2025 May What are Spousal RRSPs? Spousal RRSPs are Registered Retirement Savings Plans available for married and common-law couples. Similar…
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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…
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