

The Impact of the Canada Child Benefit (CCB) on Family Taxes
The Canada Child Benefit (CCB) is a federal program aimed at providing financial assistance to Canadian families to help them with the costs of raisin...

When the Tax-Free Savings Account (TFSA) is Not Actually Free
The Cautionary Tale of Canadian Western Trust Company v The King. The TFSA is among one of Canadians favourite Registered Accounts for its Tax-Free tr...

The CRA’s New Audit Powers
The expansion of the Canada Revenue Agency (CRA)’s audit powers in the 2021 federal budget came into force December 15, 2022. These changes mean tha...

Tax Implications of Cryptocurrency in Canada
Learn about the tax implications of cryptocurrency in Canada, including reporting gains and losses, mining income, and record-keeping requirements. Cr...

Tax Planning for Retirement in Canada
Learn how to maximize your retirement income and minimize tax liabilities in Canada with these tax planning strategies. As Canadians, we all want to e...

Understanding Tax Audits in Canada
This post explains what tax audits are, how they’re conducted, and what to do if found non-compliant. A must-read for Canadian taxpayers. As a C...

Common Tax Mistakes to Avoid in Canada
Learn how to avoid common tax mistakes in Canada and file your taxes accurately to avoid penalties and interest charges from the CRA. Tax season can b...

Maximizing Tax Deductions for Small Businesses in Canada
As a small business owner in Canada, it’s important to take advantage of every tax deduction available. In this blog post, we’ll discuss s...

Remote Work and Taxes in Canada: What You Need to Know
In response to the pandemic, many Canadians have been working from home, and this trend is likely to continue in the future. While remote work has its...
