By Peter Kupovics on April 2, 2014 
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Press release published March 24, 2014 – Ottawa – Canada Revenue Agency March is Fraud Prevention Month across Canada, and the Honourable Kerry-Lynne D. Findlay, Minister of National Revenue, marked the occasion by reminding Canadians to protect themselves against fraud…. {Read more}
By Peter Kupovics on April 2, 2014 Leave a comment
Only interest paid on a loan made to you under the Canada Student Loans Act, the Canada Student Financial Assistance Act, or a similar provincial or territorial government laws for post-secondary education qualifies. You cannot claim interest paid on any… {Read more}
By Peter Kupovics on April 2, 2014 Leave a comment
As of January 1, 2014 the EHT exemption increased to $450,000 from $400,000 of Ontario payroll, saving eligible employers up to $975 every year. This means that over 60,000 private sector employers in Ontario pay less EHT, including more than 12,000 employers that no longer pay the… {Read more}
By Peter Kupovics on March 27, 2014 Leave a comment
The Canada Revenue Agency (CRA) offers online payment methods that make paying taxes as easy as paying your hydro or phone bill. Payment methods There are several ways to make a payment to the CRA. Online banking: Use your financial… {Read more}
By Peter Kupovics on March 26, 2014 Leave a comment
Did you know? If you have a dependant with a physical or mental impairment, you could be eligible to claim up to an additional $2,040 in certain non-refundable tax credits. Important facts The family caregiver amount (FCA) helps Canadians with… {Read more}
By Peter Kupovics on March 22, 2014 Leave a comment
Did you know? If you bought a home in 2013, the Canada Revenue Agency (CRA) has a tax credit and a plan that may help you save on this purchase. First-time home buyers’ tax credit If you are a first-time… {Read more}
By Peter Kupovics on March 20, 2014 Leave a comment
Did you know? You can file your taxes online for free. Many people think that filing online is expensive because it requires using certified tax preparation software. The Canada Revenue Agency (CRA) has a list of CRA-certified commercial tax preparation… {Read more}
By Peter Kupovics on March 18, 2014 Leave a comment
Did you know? If you are a newcomer to Canada for all or part of a tax year, you may need to file an income tax and benefit return if you have to pay tax, want to claim a refund,… {Read more}
By Peter Kupovics on March 15, 2014 Leave a comment
Did you know? There are lots of benefits, credits, and deductions to help families with their expenses throughout the year and reduce the amount they owe at tax time. Important facts The following tips may help you or your family:… {Read more}
By Peter Kupovics on March 11, 2014 Leave a comment
Did you know? You can file your income tax and benefit return now and pay tax owing later. Through the secure Canada Revenue Agency’s (CRA) My Account service, you can set up a pre-authorized debit (PAD) so your payment arrives… {Read more}