It’s vital to understand your personal financial situation in order to be able to communicate everything clearly to your tax accountant.
Working from home may increase your ability to take deductions against your income on your Canadian tax return.
If you get everything to us before April 1st, 2021, you get 30% off!
2020 Personal Tax FAQs *Plan ahead for tax-filing season. To avoid delays and to reduce your potential exposure to COVID-19, the Canada Revenue Agency (CRA) encourages you to sign up for direct deposit, and file online as early as February 22, 2021.* GENERAL Do I need to file a tax return? If you are a Continue reading
Tax breaks you can no longer claim: Tuition. Students in Saskatchewan, Ontario and New Brunswick can no longer claim a provincial tax credit for their tuition expenses, noted Warren Orlans at TurboTax. The federal tuition tax credit, however, is still alive and well. Students over the age of 16 who are enrolled in post-secondary level courses Continue reading