T1 Checklist
T1 Checklist Powered By EmbedPress Other Forms CRA T1 Authorization Form Click to download Rental Receipt for Landlord Click to download
T1 Checklist Powered By EmbedPress Other Forms CRA T1 Authorization Form Click to download Rental Receipt for Landlord Click to download
Have you recently set foot on the land of opportunities that is Canada, or are you in the process of planning a migration to this country? Regardless of your situation, understanding the tax system in Canada and the benefits of filing taxes are crucial aspects of living in Canada. Today, let us delve into the
Unlock 5 Stars of Empowerment: Tax Filing for Newcomers Read More »
Being the recipient of a CRA review letter might induce feelings of anxiety and confusion. However, with the right guidance, navigating these complex waters doesn’t need to be a daunting task. Canada Revenue Agency (CRA) review letters are standard part of the CRA’s due diligence to ensure the integrity of the tax system. They are
How to properly respond to CRA review letters? Read More »
As a Canadian corporation owner, one of the most important decisions you’ll make is how to pay yourself. Two common methods for doing so are salary and dividends. Each method has its own advantages and disadvantages, and understanding these can help you make an informed decision that best meets your needs. Salary A salary is
2 popular ways to pay yourself: Salary or dividend? Read More »
Have you ever got this question when preparing for your tax filing: am I supposed to receive the slip? For example, if you have an annual interest of $50 CAD or more, you will likely receive a T5 slip from your bank. But the question is, do you really know how much interest you earned this
How to download slips from your CRA My Account Read More »
It is necessary for every Canadian resident, either citizen or non-citizen, to understand how tax return works in Canada. As international students, lots of expenses such as rental expenses and tuition fees notably increase your living costs in Canada, but the good news is, those expenses can be claimed when filing tax returns as your
Does International student have to file tax in Canada? Read More »