Ontario Trillium Benefit and tips

13 years ago

 Ontario Sales Tax credit (OSTC), Ontario Energy and Property Tax credit (OEPT) and Northern Ontario energy credit (NOEC) are credits…

10 tax-filing myths by Tom McFeat (Source:CBC News)

13 years ago

This is an interesting quick read on some myths that you have probably heard from friends/colleagues in regard to taxes…

What is a Lien?

13 years ago

A lien is a legal document filed by a creditor (lender) in order to record its claim on the debtor’s…

Pension income splitting

13 years ago

You (the pensioner) may be able to jointly elect with your spouse or common-law partner (the pension transferee) to split…

Did you know?

13 years ago

Public transit amount You can claim cost of monthly public transit passes or passes of longer duration such as an…

Children’s arts tax credit

13 years ago

Families may be able to claim a non-refundable tax credit of up to $75 per child for eligible expenses (maximum…

New in taxes for 2010

14 years ago

Here are the major changes per CRA guide: Universal Child Care Benefits (UCCB): A single parent can choose to include…