UHT Penalties and Interest Waived
More information is available at the Government of Canada webpage.
Claiming a deduction for union or professional dues
One often-overlooked claim is payments made during the taxation year for annual union, professional, or similar dues. It’s a particularly beneficial claim since the expenditure in question is one which...
What’s new on the tax return for 2022?
New in tax return filing - what changes are in effect for the latest T1 form?
How and when to file your 2022 tax return
Last year, just over 2.6 million taxpayers filed a paper return, and a much smaller number (just under 53,000) filed a return over the phone.
Planning for the new First Home Savings Account
Starting in April, the First New Home Savings Plan is available for eligible Canadians.
How to respond to a tax instalment notice
Sometime during the month of February, millions of Canadians will receive mail from the Canada Revenue Agency. That mail, a “Tax Instalment Reminder”, will set out the amount of instalment...