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Tax Return Filing Tips
Every year over 25 million Canadians file a personal income tax return. In the not-so-distant past, the majority of tax returns were filed manually, which required tax payers to complete the paper forms, assemble the package, attach receipts and mail the return to the Canada Revenue Agency (CRA).
Read MoreDid You Know?
A Dependent is usually a spouse and unmarried children (adopted, step or natural) of an employee.
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A trustee is a person or firm that holds assets for the benefit of a third party.
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Capital Cost Allowance - A taxation term, equivalent to depreciation, that makes allowance for the wearing away of a fixed asset.
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TSFA is an abbreviation for Tax-Free Savings Account. Learn more here.
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Your policy period refers to the time between the beginning and expiry of your policy.
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