Jennifer Dunn, tax partner at BDO Canada, recommends Canadians “start early, because rushing will lead to mistakes.” Here’s ...

The 2023 claims of home office expenses represent a 41.4% increase over the 2022 tax year, when $1.47 billion was claimed.

If your client rents a residential property for short periods, they must comply with provincial or municipal laws or else the ...

Marital breakdowns often mean dividing assets and a big change in tax filings.

The CRA says Canadians can claim certain charitable donations made before March 2025 against their 2024 income, even if the ...

In December, Finance extended the deadline for making charitable donations for the 2024 tax year to Feb. 28, 2025, given the ...

Registered Retirement Savings Plan are a cornerstone for many Canadians saving for retirement. Here are some factors to ...

Canadian students have many expenses to worry about, but thankfully, there are tax incentives that can help ease their ...

Deductible expenses are one of the most commonly ... may be claimed if specific criteria set by the Canada Revenue Agency (CRA) are met. Proper documentation and calculation of these expenses ...