How to Fill Out CRA Form T1213
It’s that time of the year again; tax season is right around the corner. Because of that, it’s time to get your affairs in order. Depending on your financial situation, your taxes may not be very straightforward, and some extra forms may be required to be submitted. One of these forms you may come across is the T1213.
What’s the RRSP Withholding Tax in Canada?
RRSPs, also known as Registered Retirement Savings Plans, are investment accounts that allow you to save money for your retirement while deferring the tax.
What’s Line 10100 on your Canadian Tax Return?
Filing your annual return with the Canada Revenue Agency (CRA) is something most Canadians have gotten used to. That said, it’s not always straightforward and can sometimes be a tad confusing. Reading your tax return can take time, whether or not you do your own taxes.
Who’s Required to File Taxes in Canada?
Canadian income tax is one of the things that comes around every year. Whether or not you have to pay taxes or will receive a refund depends on a few things. How you receive your income if you are self-employed vs an employee, or what tax bracket you fall into. While pretty much everyone does their taxes, who is actually required to file a personal income tax return according to the Income Tax Act?
A Simple Guide to Dividend Taxes in Canada
If you are an active investor, then you are probably aware of dividends and how they affect your taxes. Basically, dividends are the earnings that are given to shareholders of shares on the stock exchange. The amount of the dividends is determined by the board of directors of the company.
Do You Need a T4e to File Your Taxes?
Before you start filing your taxes, it’s important that you have all of the information you need. For many people, this includes a T4 slip. That said, not everyone gets a T4. Those who are self-employed just file based on their income, and others receive different types of tax forms.
Pay Attention to These Taxes on Cars in British Columbia
In British Columbia, whether you purchase a new or used car, you will have to pay taxes on your purchase. That said, the type of tax you pay is based on the price of the vehicle and whether the vehicle purchased is new, used, from a private seller, or purchased from a dealer.
How to Avoid Capital Gains Tax on Property
In Canada, capital gains are paid to the Canada Revenue Agency on the sale of an asset that has increased in value over the period of time that the asset is being held.
Cryptocurrency Taxes in Canada
Just like stocks and day trading, cryptocurrency is becoming more and more popular. While cryptocurrency isn’t a main form of currency yet, it can still be worth a lot and is often used as a form of investment. The form of cryptocurrency you own will dictate its worth since each has its own value. Similar to our currency, where each is worth a different amount, like the $5 bill or even the $20 bill.
Complete Schedule of GST/HST Credit Payment Dates in 2026
Depending on your adjusted family net income, there are many government benefits that you could qualify for in Canada to receive some extra money. One of these benefits is the GST/HST credit. This credit is designed to help those Canadians with low and modest incomes recover some of the cost of taxes that they pay throughout the year.
Alberta’s 2026 Tax Brackets Explained
If you live in Alberta, along with the tax rates for the federal tax brackets, you’ll also have to pay the provincial tax rate that corresponds to your provincial tax bracket. Due to the fact that each province has its own tax rates that are different from the federal rates, the taxes you pay in Alberta differ from those in the rest of the country.
How to File a Notice of Objection to Dispute your Tax Return in 2026
If you find an error on your tax return, you can officially dispute it with the Canada Revenue Agency by filing a Notice of Objection to start the objection process. Our extremely quick how-to guide will walk you through the right steps to take.