Practical tax guidance, clearly explained.
Local stories. Useful answers for your taxes, your work and everyday life.
All articles
132 articles · 15 / 22
Jobs & employment 2 min
Your employer paid it back. Can you still deduct it?
Distinguish an actual-cost reimbursement from an allowance before deciding how an employment expense belongs in your tax file.
Read the guide
Saving & retirement 2 min
I had circled February. The account wanted December.
Nadia plans a first-home contribution around an old RRSP habit. The useful distinction is between contributing now and claiming the deduction later.
Read the story
Working for yourself 2 min
Your bank balance and your profit answer different questions
A $3,200 bank balance can sit beside $4,000 of profit without either number being wrong. Follow the invoices, payments and owner withdrawal.
Read the guide
Working for yourself 2 min
We traded work. The bookkeeping still needed a number.
Malik swaps design work for a repaired studio chair. No money changes hands, but the business records still need both sides of the exchange.
Read the story
Filing & corrections 3 min
Put CRA on the moving checklist
Update home and mailing details, keep the effective date and check related accounts without assuming mail forwarding updates tax records.
Read the guide
Filing & corrections 2 min
The $18.42 that had no tax slip
Étienne finds interest in an ordinary savings account and learns why the slip threshold is not an income exemption.
Read the story