Tax time is always tricky, but add the unthinkable year that 2020 was to the mix, it becomes so much more complicated. The tax status around covid relief benefits like CERB, CESB, CRB, CEWS AND CEBA add to the complications. It can be overwhelming to figure out the changes this tax season, so we broke […]
Tips for Tax Season (Covid Edition) Read More »
Home / Blog / Taxes The tax deadline is quickly approaching, which if you didn’t know, is June 1st, (how are we almost in June?!) which is why we decided to put together our best tax tips for getting them done with ease along with free software to make the job that much easier. 1. Know
The tax deadline is quickly approaching Read More »
Home / Blog / Taxesby Janet Doyle Taxes are the largest bill Canadians pay each year and it’s not uncommon for people to become overwhelmed with filing their claims to Canada Revenue Agency (CRA). In 2017, the Financial Post reported Canadians being taxed at a rate of 42.5% of their income meaning Canadians spend more
7 Quick Tips for Taxes in Canada Read More »
Home / Blog / Tax, Dept, Financial Question: It’s spring across Canada which also means it’s tax season. A deep “sigh” may be your initial response. You may be in the process of filing your tax returns or you may have already filed and received your 2016 tax assessment and refund. You are ahead of
Dealing with income tax debt Read More »
Home / Blog / Taxes When you owe money to Canada Revenue Agency (CRA), they (like all creditors) will try to collect that debt from you. If the debt is significant and you fail to repay it or negotiate acceptable terms, CRA has the right to place a lien on your home or other property
What is a tax lien, and what do I do if one is registered against my home? Read More »
