Filing your taxes can be difficult under normal conditions and that’s why people turn to software like Turbotax and other alternatives. However, it’s even more of a challenge with the economic crisis that’s made many businesses close shop, making it an uphill climb to file your tax returns correctly. Sure, it’s possible to hire a …
Hate it or love it, income tax remains a huge source of revenue for the Canadian government, like many other governments around the world. It is also the primary source of revenue for all of Canada’s provinces and territories. However, the jewel in the crown is the personal income tax, which brings in triple the …
The Basics of Income Tax in Canada: What You Need to Know Read More »
The Canada Revenue Agency (CRA) is the body in charge of overseeing the tax laws and the receipt of tax revenue for Canada. It also manages the registration of charities as well as the regulation of tax credit programs. The Agency was established in November 1999 through the enactment of the Canada Revenue Agency Act …
What you need to know about the Canada Revenue Agency Read More »
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