When Are Gifts or Inheritances Taxable in Canada?
Receiving a gift or inheritance can feel like a financial blessing. But, as with most things in Canadian tax, there are a few “yes, but…” moments. The good news? Canada … Read more
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What’s New for the 2026 Personal Tax Season
Recording of our Webinar on What’s New For Personal Tax Season 2026 Every tax season brings a few changes, and while the 2025 personal tax year doesn’t introduce as many … Read more
Important Update: CRA Form T777 (Employment Expenses)
The Canada Revenue Agency (CRA) has announced that they need to make additional updates to Form T777 (Statement of Employment Expenses) due to recent proposed tax changes related to capital … Read more
Canada Workers Benefit Explained
The Canada Workers Benefit (CWB) is a refundable tax credit designed to support low-income individuals and families who earn working income. Because it is refundable, if the credit amount is … Read more
TD1X Explained: Personal Tax Tips and Tools
Navigating the world of personal taxes can feel like a maze, especially when your income is a mix of salary and commission. This blog will help you understand the intricacies … Read more
GST/HST Break: Save More This Holiday Season
As the festive season approaches, Canadians have a reason to celebrate with the newly passed legislation on the Goods and Services Tax/Harmonized Sales Tax (GST/HST) break. Effective from December 14, … Read more
How To Maximize Tax Benefits During Holiday Season?
The holiday season is a time of joy, celebration, and giving. While you’re spreading holiday cheer, it’s also an opportune time to consider potential tax benefits that are available to you. Let’s learn how … Read more