SimpleTax vs. TurboTax: Free Tax Software Comparison

Canadian taxpayers have until April 30th to submit their personal taxes for 2017. Despite that deadline fast approaching many wait until the last minute to prepare and file their taxes. The good news for do-it-yourself tax filers is that basic tax preparation software...
Do You Wait Until The Last Minute To File Your Taxes?

Do You Wait Until The Last Minute To File Your Taxes?

Did you file your taxes yet? You’re not alone. More than one-quarter of Canadians — 28 per cent — find the tax-filing process stressful, confusing and even intimidating, according to a TD survey. Most Canadian income tax returns (and balances owing) are due by...

Tax Deductions and Tax Credits: What’s The Difference?

Canadian taxpayers have until April 30th 2018 to file their 2017 taxes. However, before the calendar turns over to a new year many Canadians want to know how best to maximize their tax refund or minimize what they owe the government. The two main ways to reduce taxes...
How Families Can Get More Out Of The Canada Child Benefit

How Families Can Get More Out Of The Canada Child Benefit

The Canada Child Benefit is a tax-free benefit paid monthly to eligible families. It was introduced by the federal government in July 2016, replacing the Universal Child Care Benefit (UCCB) and the Canada Child Tax Benefit (CCTB). The Canada Child Benefit provides a...
Claiming Your Investment Expenses

Claiming Your Investment Expenses

You can save on your taxes by claiming certain investment expenses which can reduce your taxable income. You can claim some direct costs related to your investing as well as interest on investment loans. Claiming Investment Expenses Claim these direct costs If you use...

Pin It on Pinterest