Insights
Practical tax and money answers for Canadian owners and professionals, written by the accountants who file the returns.
New GST/HST Guidelines for Dentists and Orthodontists | Ghumans
Discover the Alberta is Calling: Moving Bonus program offering a $5,000 incentive for skilled tradespeople moving to Alberta. Learn about eligibility, application process, and benefits.
A Comprehensive Guide to Corporate Tax in Canada
Learn how to make car lease payments tax deductible in Canada, whether you’re self-employed or an employee. This guide covers eligibility, limits, tax benefits, and how to file the correct CRA forms to maximize your deductions.
How to Make Car Lease Payments Tax Deductible in Canada
Learn how to make car lease payments tax deductible in Canada, whether you’re self-employed or an employee. This guide covers eligibility, limits, tax benefits, and how to file the correct CRA forms to maximize your deductions.
Form T1135: Your Guide to Reporting Foreign Assets
Confused about Form T1135? Our guide breaks down what you need to report, who should file, and how to avoid common mistakes. Don’t miss the CRA deadline!
Lifetime Capital Gains Exemption: A Comprehensive Guide for Property Sellers
Discover essential information about Records of Employment (ROEs) in Canada, including issuance, form details, dismissal codes, and where to get help.
Borrowing to Invest? The CRA Just Clarified the Rules on Interest Deductibility
Discover the latest updates from the CRA on interest deductibility. Learn which investments qualify under the income-earning test and how these changes might affect your tax strategy.
Mastering GST/HST Payments in Canada: A Complete Guide for Small Business Owners
When GST/HST payments are due for monthly, quarterly and annual filers, and how small business owners can pay the CRA.
Line 31270 First Home Buyers Tax Credit: What It Means for You
Explore the First Home Buyers Tax Credit (HBTC) and learn how this valuable tax benefit can ease the financial burden of purchasing your first home in Canada. From eligibility criteria to maximizing your claim, get expert insights to make your homeownership journey smoother.
Canadian Tax Deadlines 2026-2027: Every Date That Matters
Canadian Tax Deadlines 2026-2027: Every Date That Matters Key takeawaysApril 30 is the date that catches most people: it is both the filing deadline and the payment deadline for individuals.Self-employed people get until June 15 to file, but not to pay. Interest runs...
Understanding the Climate Action Incentive Rebate
Climate Action Incentive Payments (CAIP), now Canada Carbon Rebate (CCR), are Canada’s approach to motivate citizens towards a greener lifestyle. Learn who’s eligible, when payments are made, and how much you can expect to receive.
CRA Mileage Rate in Canada and CRA Mileage Calculator
Understand the CRA mileage rate in Canada for 2023 and 2024. This guide covers eligibility, how to calculate mileage rates, and the benefits for employees and employers. Stay informed about the latest rates and ensure accurate claims for your business-related travel.
Claiming rent on taxes and rent tax return in canada
Discover how to claim the new $400 renter’s tax credit in B.C. for 2023. Learn about eligibility, requirements, and the step-by-step process to get your credit on your T1 Income Tax and Benefit Return.