Taxation
If you’re looking to learn more about taxes in Canada and how to minimize your income tax, then you’ve come to the right place.
The 5 Best Free Canadian Tax Softwares
For most people, doing their taxes is a thankless task. Fortunately, there are free tax software programs that make it easy to calculate and file your taxes online. We recommend that you choose a software that is easy to use,…
The 6 Best Tax Return Software in Canada
To file quickly, easily, and without a blinding migraine, choosing the best tax return software in Canada is crucial. Tax season is the most dreaded time of year, with many of us hoping to bypass the annual state of confusion…
Ontario Staycation Tax Credit: What You Need To Know in 2022
If you are a resident of Ontario and are planning a short trip anytime soon, you may consider opting for a staycation in the province. At least you get to receive some money back from the Ontario government for enjoying…
Digital News Subscription Tax Credit: Who's Eligible and How To Claim It
Tax credits are great and Canadian taxpayers welcome every initiative that reduces the taxes that they have to pay. If you read digital news content for entertainment or education purposes, then you may can reduce your taxes. However, to get…
30 ways to pay less income tax in Canada For 2023
As each year comes to an end, it helps to start thinking of possible ways to pay less income tax and maximize your tax return. Filing your income tax and benefit return does not have to defeat you. You can…
The Ultimate Guide to Set Up and Maintain Your CRA Account in Canada
Setting up a Canada Revenue Agency (CRA) account provides taxpayers a secure, digital portal to manage their tax- and benefit-related account information. Whether for an individual registering for a My Account, or a company setting up a My Business Account,…
What is a Canada RIT Deposit? Unexpected Surprise Deposits From the CRA
The Canada RIT Deposit is the abbreviation of Canada Refund Income Tax Deposit. It's a bit of a mouthful, right? If you received the funds right after filing your annual income tax return, then it's likely just a regular tax…
TurboTax Review: The Easiest Tax Software to Use?
In recent years, tax filing through electronic platforms has become increasingly easier, particularly as new integrations through the Canada Revenue Agency (CRA) website are available. TurboTax is the most popular and best-selling income tax software in Canada, and has been…
What is Canada PRO Deposit? (Ontario Trillium Benefit Explained)
If you recently checked your bank account and saw a deposit labelled as Canada PRO, you've likely received a payment from the CRA for Child and Family Benefits. What is the Canada PRO Deposit? It is the Ontario Trillium Benefit…
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