Canada Income Tax

Income Tax Filing Deadline Extended!

CP | The Canadian Press | Posted 04.28.2015 | Canada Business

Thank you, "human error."

Fraser Institute: Income Tax System Getting Costly, Complex

The Huffington Post Canada | Sunny Freeman | Posted 04.27.2015 | Canada Business

As Thursday’s tax filing deadline nears, many procrastinating Canadians are feeling the pressure to gather all their information and start crunching...

Looking For a Tax Break? Consider Borrowing a Child or Two

Caroline Battista | Posted 04.05.2015 | Canada Business
Caroline Battista

Children up to six years old will receive $160 per month or $1,920 for the year. Once they turn six, parents will receive $60 per month or $720 per year until the child turns 18. If you are a parent, it can make you excited about your taxes. However, it is not being paid out as part of your tax refund.

8 Ways to Stay Ahead and Organized this Tax Season

Professional Organizers in Canada | Posted 04.03.2015 | Canada Business
Professional Organizers in Canada

As income tax season creeps forward, many of us wince at the thought of dealing with bursting glove compartments or drawers of faded disorganized receipts, missing electronic documents and the ensuing weekend or evenings spent slaving over the associated paperwork and electronic chores. Here are 8 tips to help you stay organized and stress-free while filing your taxes:

Harper's Family Tax Cut Credit Does Not Deliver True Income-Splitting

Caroline Battista | Posted 02.02.2015 | Canada Business
Caroline Battista

With a projected budget surplus in 2015, what the Conservative government announced is the Family Tax Cut. Although it sounds like the original campaign promise, the Family Tax Cut does not deliver true income-splitting. Rather, it is a lookalike offering.

Tax Hike For 2013?

CP | Craig Wong, The Canadian Press | Posted 02.26.2013 | Canada Business

OTTAWA - Canadians will have a little more room to contribute to their Tax Free Savings Accounts as the calendar flips over, but they'll have to wait ...

Some Canadians Paying Extra Taxes To Help Pay Debt

CBC | Posted 06.27.2012 | Canada Business

Every so often, Public Works Minister Rona Ambrose sits at her desk, takes pen in hand, and in her role as Receiver General, writes a let...

Should Canada's Rich Pay More Taxes?

CBC | Posted 02.20.2012 | Canada Politics

Tim Hortons co-founder Ron Joyce, listed among the wealthiest of Canadians, says he wouldn't favour a so-called "Buffett tax" on the very...

5 Canadian Myths Debunked

The Canadian Press | Posted 08.30.2011 | Canada

THE CANADIAN PRESS — TORONTO - The passage of time has eroded and distorted some of Canada's most entrenched historical tidbits, as well as the orig...