What Is the Canada Child Benefit? The Canada Child Benefit (CCB) is a tax-free monthly payment from the Government of Canada designed to help eligible families with the cost of raising children under 18. The Canada Revenue Agency (CRA) calculates…
What married couples and common-law partners should know Many couples in Canada wonder whether they should file their income tax returns together or separately. Should you combine your income? Can your spouse’s income affect your refund? What happens if one…
Running a small business is already a lot of work. Keeping up with small business bookkeeping can easily get pushed aside when you’re busy serving customers and managing your day-to-day operations. But when your records aren’t organized, things can become…
Filed your tax return and later realized something was wrong? Maybe you forgot to include a tax slip, missed a deduction, entered an incorrect amount, or forgot to claim an eligible expense. Don’t worry. In many situations, you can change…
If you or someone in your family is applying for the Disability Tax Credit (DTC), there are some important changes you should know about. The Canada Revenue Agency (CRA) has updated the DTC application process to make applications easier to…
For the 2025 personal income tax year, it’s important to keep key CRA deadlines in mind to avoid penalties and interest. March 2, 2026, is the final day to make RRSP, PRPP, or SPP contributions that can be claimed for…