You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here’s why.

Tax filing season is almost upon us, so here are the key dates and deadlines in Canada you should mark on your calendar this ...

Online tax filing officially begins Monday, and taxpayers may have questions about the timing of some tax slips or be uncertain about penalty relief arising from the proposed increase to the capital ...

The extension comes after the government deferred the effective date of the capital gains inclusion rate hike to Jan. 1, 2026 ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...

Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the ...

T4 (remuneration paid), T4A (pension and other income), or T5 (investment income), there are some important updates you need to be aware of.

Capital gains are often considered a form of “passive income ... To ensure you follow capital gains tax rules as set out by the Canada Revenue Agency (CRA), you’ll need to know the adjusted ...