The Medical Expense tax credit is a federal tax credit that helps individuals cover the cost of eligible medical expenses. By claiming eligible medical expenses on your income tax return, you can reduce …

To claim the Ontario Child Care Tax Credit, you must be eligible for the federal Child Care Expense Deduction (CCED), created to “provide some relief for taxpayers who incur child care expenses in …

The Medical Expense tax credit is a federal tax credit that helps individuals cover the cost of eligible medical expenses. By claiming eligible medical expenses on your income tax return, you can reduce …

What is the Canada Caregiver Credit (CCC) The CCC is a federal, non-refundable tax credit created to help individuals who are providing support to family members who have a physical or mental …

Tax Deductions, Credits and Benefits 3720 - What are tax deductions, credits and benefits? 3721 - Child benefits 3722 - Eligible dependent credit 3723 - Canada Workers Benefit (CWB) 3724 - Canada …

Personal and business tax issues including tax deductions and what benefits and credits are available are vast and complicated. To get help, Reducing tax payable: deductions and credits There are two …

In most cases, CRA can reassess (review) your tax returns for the previous three years and audit them for the previous four years. However, CRA can go further back and there is no time limit as long as …

There are tax rules for giving gifts while you are still alive and for leaving someone an inheritance. The law applies different rules to cash and most personal property than to property that can have a …

An audit is an extensive examination of an individual’s income tax return. It can be for one taxpayer for one year, or it can include several taxpayers, such as business partners, for several tax years. If you …

To be eligible for many tax credits, such as the GST/HST credit and the CCB, you must meet CRA’s low income family eligibility requirements. For more information on filing as a common-law partner and …