1. What is a registered charity? A registered charity is a charitable organization, public foundation, or private foundation that was…
Ottawa, Ontario, June 29, 2012... The Canada Revenue Agency (CRA) announced today that the average refund for the 2011 tax-filing…
The Honourable Gail Shea, Minister of National Revenue, today highlighted that Canadians who have been affected by devastating weather conditions can…
Adequate records have to be kept by individuals, partnerships, corporations, organizations and trusts, as identified below: persons carrying on a…
Ontario Sales Tax credit (OSTC), Ontario Energy and Property Tax credit (OEPT) and Northern Ontario energy credit (NOEC) are credits…
This is an interesting quick read on some myths that you have probably heard from friends/colleagues in regard to taxes…
A lien is a legal document filed by a creditor (lender) in order to record its claim on the debtor’s…
You (the pensioner) may be able to jointly elect with your spouse or common-law partner (the pension transferee) to split…
Public transit amount You can claim cost of monthly public transit passes or passes of longer duration such as an…
Families may be able to claim a non-refundable tax credit of up to $75 per child for eligible expenses (maximum…