On February 23, 2026, you will be able to file your 2025 income tax and benefit return online! Last tax-filing season, the Canada Revenue Agency (CRA) received more than 33 million tax returns and 93% were filed online. We’re dedicated to serving Canadians well, helping you file your taxes, and connecting you to benefit and …
Tax season starts on February 23! Here’s what you need to start filing Read More »
Use the Payroll Deductions Online Calculator (PDOC) to calculate federal, provincial (except for Quebec), and territorial payroll deductions. It will confirm the deductions you include on your official statement of earnings. You assume the risks associated with using this calculator. The reliability of the calculations produced depends on the accuracy of the information you provide. …
If you have a CRA Account and use certified tax software, you can use Auto-fill My Return to automatically import the tax information the CRA has on file at the time of the request. Before you use Auto-fill My Return, make sure you received all your slips and they appear in My Account. Otherwise, any …
The Canada Revenue Agency (CRA) is ready for the 2026 tax season, are you? Our focus is making your tax-filing experience easier, faster, and more straightforward from start to finish. The CRA is prepared to deliver reliable and timely service during tax season. We know your expectations of us are high, as they should be …
What you need to know for the 2026 tax-filing season Read More »
Life is full of milestones that change your perspective, introduce a new adventure, or bring you a host of new decisions. Certain milestones also affect your taxes, offering you new benefits and credits if you are eligible, and ways to reduce your taxable income. Follow us on Instagram where we’ll be sharing “Filing In Love”, …
Keeping your CRA account up to date is one of the simplest ways to prevent delays, avoid disruptions, and make tax season run smoothly. Ensuring your personal information is accurate and that you can access your account when you need it will save you time and frustration. Make sure you can access your CRA accountConfirming …
Avoid tax season surprises by keeping your CRA account up to date! Read More »
2026 TFSA dollar limitThe TFSA dollar limit for 2026 is $7,000. The dollar limit is added to your contribution room on January 1, 2026. How to calculate your contribution roomCalculate your room before you contributeThe most reliable way to know how much you can contribute to your Tax-free Savings Account (TFSA) is to calculate how …
When you register your business, you get a unique 9-digit business number (BN) that identifies your business. Your BN is used to interact with provincial or territorial, municipal, and other federal programs. You can only have one BN for your business. When you register for a program account, such as GST/HST or payroll, a program …
An RRSP is a retirement savings plan that you establish, that the CRA registers, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax. Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the …
In 2025, approximately 93% of income tax and benefit returns were filed online. If you typically file on paper, why not enjoy the benefits of online filing? It makes filing simpler and offers many benefits, such as receiving your refund quicker and not having to mail anything to the Canada Revenue Agency (CRA). However, if …
Important changes to the 2025 income tax package: What you need to know Read More »
