News Room

Helping First Nations, Inuit and Metis with Tax Filing

The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.

Major Banks to Assist Financially Vulnerable Canadians

Delivering on a promise made in the Economic Action Plan 2014, Finance Minister Joe Oliver announced that the Government of Canada secured voluntary commitments from the country’s eight largest banks to provide low-cost or no-cost bank accounts to low income Canadians by January 15, 2015.

Tax Court Provides Clarity on Harsh Provision

Judges are forced to apply the law as it reads, but fortunately for taxpayers there is sometimes room for interpretation.

Evelyn Jacks: Warm Holiday Counts as Reasonable Medical Expenses?

Should taxpayers be able to deduct travel expenses to warmer climates as medical expense tax credits (METCs) to alleviate pain and suffering?

How much can I claim for the Children’s Arts Amount?

Your refund can grow by up to $75 with this federal tax credit.

Medical Claims in the Year of Death

A special rule applies to claiming medical expenses when a taxpayer dies.

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Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    7 votes
    14.29%
  • No
    42 votes
    85.71%