Are you a low-income renter? Check out your eligibility to apply for Canada housing benefit which aims at helping low-income renter with their housing cost. You may be eligible for a tax-free one-time payment of $500 if your income and the amount that you pay on rent...
Now that you are ready to pay your income tax to CRA (that’s if you owe a tax debt), it is worthy to know the mode of payments available to you. There are many tax payment options the CRA recognizes and accepts. Each have their different processing time. This article...
Parenthood is exciting, yet financially stressful. No doubt, providing for your child’s health, feeding, education and future can be back-breaking. Luckily, the Canadian government is fully aware of this and offers many ways for families to meet financial...
Understanding your tax rights and obligations can help keep your tax affairs in good shape, avail you of every relief you’re entitled to and even get you a tax refund. Notwithstanding, one challenge many taxpayers face and may be concerned about is tax...
Filing income taxes can be overwhelming due to some technical oversights which many tax payers fall prey to. Becoming aware of some avoidable mistakes will save you from possible chaos with the tax authorities in future. The 3 common mistakes to avoid include; NOT...