2020 Taxes

• Repaid CERB wrongly listed as taxable income on some tax slips: CRA

  The CRA's website notes that people who repaid Canada Emergency Response Benefits before December 31, 2020 should not have to pay tax on those repaid amounts on 2020 tax returns.

  Money

  Mar 2, 2021
  
• RRSP deadline: what a contribution means for your taxes this year

  If you expect a hefty tax bill, an RRSP contribution can help you lower it, but there's more to the decision than that.

  Money

  Feb 19, 2021
  
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• What to expect from your 2021 taxes and how to prepare

  From taxes on COVID-19 benefits to charitable donations, tips to make sure you start off the next tax season on the right foot.

  Money

  Dec 17, 2020
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• How much could you save with the Liberals’ $400 home office deduction?

  The brand new COVID-19-related tax deduction will likely save you time preparing your tax return, but it might not save you as much money as you think.

  Money

  Dec 4, 2020