taxNew CRA Property Flipping Rules Could Trap Estates and Spousal Transfers
Canadians inheriting homes or transferring property to spouses could face significantly higher tax bills if they sell within one year, as profits may be taxed as business income rather than capital gains.
Mar 30, 2026
taxNewcomer Tax Guide: Filing Requirements, Residency Status, and Key Deadlines
Newcomers to Canada must determine their residency status to file taxes correctly, report global income if applicable, and meet the April 30 deadline to avoid penalties.
Mar 26, 2026
taxSaskatchewan Doubles Volunteer First Responder Tax Credit to $6,000
Volunteer first responders in Saskatchewan can claim up to $6,000 on their 2026 taxes, effectively doubling their previous tax credit.
Mar 26, 2026
taxMissed the Tax Deadline? How to Avoid CRA Penalties and Protect Your Benefits
Canadians who owe taxes and missed the April 30 deadline face immediate penalties and interest charges, while those expecting benefits like the GST/HST credit or Canada Child Benefit may face payment disruptions.
Mar 26, 2026
taxTax Season Guide: Eligible Deductions That Can Save Canadians Money
Canadians can lower their taxable income and increase their tax refunds by claiming eligible work-related and personal expenses, such as union dues, home office costs, and medical bills, provided they have the proper documentation.
Mar 26, 2026
taxTax Season 2026: How Your Relationship Status Affects Your Benefits
Your relationship status directly determines your eligibility for income-tested benefits like the Grocery Rebate and Canada Child Benefit, which can result in hundreds of dollars in quarterly payments.
Mar 26, 2026
taxNew Grocery Benefit, Tax Cut, and TFSA Limits: 2026 Changes You Need to Know
Millions of Canadians will see direct financial relief through a new grocery rebate, a permanent reduction in the lowest income tax bracket, and increased room for tax-free savings.
Mar 25, 2026
taxCRA Removes Tax Drop Boxes: How to File Your Taxes Now
Canadians who rely on physical drop boxes to submit their tax returns and payments will lose this option, potentially forcing them to file online or use mail services.
Mar 25, 2026
taxFree CRA Tax Session for Students: How to File and Claim Benefits
Students and beginners can learn how to file taxes correctly to claim benefits and refunds they might otherwise miss.
Mar 25, 2026
taxTax Season 2026: New Rules and Warnings Against Using AI for Your Return
New federal tax measures from Budget 2024 and 2025 are taking effect, some retroactively, which may require Canadians to amend past returns; meanwhile, relying on AI tools like ChatGPT for tax advice poses a risk of errors and costly penalties.
Mar 25, 2026
taxNew CRA Powers for Corporate Tax Audits: What Businesses Need to Know
Multinational corporations and businesses with cross-border operations face higher risks of tax audits and reassessments regarding how they price transactions between their own subsidiaries.
Mar 25, 2026
tax2026 Tax Filing Guide for Indigenous Peoples: New Benefits and Exemptions Explained
Indigenous Canadians must file taxes—even if income is tax-exempt—to receive benefit payments starting July 2026, including up to $8,157 per child under the Canada Child Benefit and a doubled GST/HST credit top-up arriving by June 2026.
Mar 24, 2026